ANTENERO, JAN KENNETH D.
MARCH 31, 2014
A. Part 1: Test on Understanding (40%)
1. TRUE. 2. TRUE. 3. FALSE. The given statement is false because it was wrongful to say that enactment of laws by government legislative bodies and initiatives related to voluntary industry practices and the like are some of the many ways to promote corporate governance, well in fact it should be PUBLIC GOVERNANCE. By definition, Public Governance is the exercise of POLITICAL, ECONOMIC, and ADMINISTRATIVE AUTHORITY to manage a nation’s affairs. Clearly, the given instances are examples of Public Governance and NOT corporate Governance. 4. TRUE. 5. TRUE.
B. Part 2: Analytical Test (30%)
1. With regards to
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2. In the statement which says that some people argue the “giving of gifts” even on special occasions only is just another form of corruption. This is necessarily untrue because we don’t always assume that giving of gifts is grounded on corruption. Well not all the time. But not to complicate things, it is better not to assume that this given statement is always grounded on corruption unless clear evidence is presented. I think corruption is prevalent in some countries like the Philippines than other countries because of the kind of political system a country has. Sometimes when a country has an autocratic government, then most probably corruption will arise due to the overwhelming presence of political power over the people thus corruption can be easily spotted. However this doesn’t work all the time, like in the Philippines, though the country is a democratic country, where the people’s voices are being heard, corruption can be still present. Actually, Philippines is considered as one