The implementation of a pro‑active ethics program is expected to result in
A. a positive corporate image and increased respect, but is not expected to affect cash flows.
B. an increased share price resulting from a decrease in risk, but is not expected to affect cash flows.
C. a positive corporate image and increased respect, but is not expected to affect share price.
D. a positive corporate image and increased respect, a reduction in risk, and enhanced cash flow resulting in an increase in share price.
Answer:D
The implementation of a pro‑active ethics program is expected to result in
A. a positive corporate image and increased respect, but is not expected to affect cash flows. B. an increased share price resulting from a decrease in risk, but is not expected to affect cash flows. C. a positive corporate image and increased respect, but is not expected to affect share price. D. a positive corporate image and increased respect, a reduction in risk, and enhanced cash flow resulting in an increase in share price.