"Ethics" and an "Ethics Policy Statement" drawn up by the company must follow which rules in the UK?
A) There are no RULES, merely guidelines set out in the Corporate Social Responsibility Code
B) There are strict rules and legislation laid out in the Corporate Social Responsibility Code
C) There are legal requirements laid out in the Sarbanes-Oxely Act
D) There are no RULES, but there are guidelines set out in the Sarbanes-Oxely Act

Question

Quizplus · Accepted Answer

At present in the UK, much of the Corporate Social Responsibility is left to the company, unlike in the US, where after the collapse of Enron, Sarbanes-Oxley became law. Certain areas of CSR are mandatory, but ethics remains largely at the discretion of the organisation.

"Ethics" and an "Ethics Policy Statement" Drawn Up by the Company