QUESTION 1

Workplace ethics is a crucial part of employment. Every business regardless of what industry it is in, has certain guidelines to which its employees must adhere. It also frequently outlines such aspects in employee's handbook. Corporate Social Responsibility (CSR) is seen as one of the various efforts undertaken by companies in instilling good ethical conduct among employees. CSR programs consider the welfare of employees. It can be used by a company to recruit and retain employees. A company with a strong CSR has more motivated and ethical employees.

Required:

a. Fair treatment of employees at workplace is not just a moral responsibility. It is also necessary to ensure maximum company growth. Explain two (2) negative consequences if discrimination among employees exists at workplace.

b. CSR reporting enhances the contents of corporate annual report. By providing report on CSR activities together with other additional disclosures, it may reduce the gaps between company and its key stakeholders. Discuss any three (3) motivations for engaging in CSR reporting among listed companies.

c. Bursa Malaysia plays a significant role in enhancing corporate transparency on environmental, social and corporate governance-related issues among companies in Malaysia. In 2006, Bursa Malaysia has launched the CSR Framework. Explain the rationale of such launching towards the aspect of CSR reporting by Malaysian public listed companies.

d. It is essential for professional accountants to follow the Corporate Code of Conduct. However, there issues which are not usually governed in Corporate Code of Conduct. Explain any three (3) issues that are not usually resolved in Corporate Code of Conduct.