Citicorp was found guilty of violating parking laws.Parking involves complex shifts of funds between countries to avoid the payment of taxes.Citicorp maintained two sets of financial records for a parking scheme.These actions violate which area of business social responsibility?
A)Investors
B)Consumers
C)Community
D)Product quality

Question

Quizplus · Accepted Answer

Citicorp's actions of maintaining two sets of financial records for a parking scheme primarily violate the area of business social responsibility towards investors, as it involves financial deception and lack of transparency, which can mislead investors about the company's true financial status.

Citicorp Was Found Guilty of Violating Parking Laws