During the 199s the institutionalization of business ethics was largely driven by which piece of legislation?
A)Sarbanes-Oxley Act
B)Federal Sentencing Guidelines for Organizations
C)Dodd-Frank Wall Street Reform and Consumer Protection Act
D)Foreign Corrupt Practices Act
E)UN Global Compact

Question

Quizplus · Accepted Answer

The Federal Sentencing Guidelines for Organizations, introduced in 1991, played a significant role in institutionalizing business ethics and promoting corporate social responsibility. The guidelines provided incentives for companies to establish comprehensive ethics and compliance programs and established a framework for punishing corporations that engaged in illegal activities. The Sarbanes-Oxley Act and Dodd-Frank Wall Street Reform and Consumer Protection Act came later, in the 2000s, and while they also contributed to the institutionalization of business ethics, they were not the primary drivers in the 1990s. The Foreign Corrupt Practices Act and UN Global Compact are important pieces of legislation and initiatives, respectively, but they do not directly relate to the institutionalization of business ethics in the 1990s.

During the 199s the Institutionalization of Business Ethics Was Largely