A nongovernmental self-regulation by corporations or consortia of corporations to attempt to ensure compliance with acceptable international norms of ethical practice such as avoidance of cruel, coercive, or deceptive labor practices.Group of answer choicesforeign direct investmentmultinational corporationcorporate social responsibilityportfolio investments

The corporation or enterprise that conducts and controls productive activities in more than one countryGroup of answer choicesforeign direct investmentportfolio investmentsmultinational corporationcorporate social responsibility

These are overseas equity investments by private multinational corporationsGroup of answer choicescorporate social responsibilityportfolio investmentstariff protectionforeign direct investment PreviousNext

A firm, recognized by law as a single entity (as opposed to a collection of individuals), whose owners, shareholders, and senior managers incorporate their resources, rights, and duties.Group of answer choicesCorporationTerritorySupply chainTransnational corporation

--------- is the study of business policies and practices regarding potentially controversial subjects including corporate governance, insider trading, bribery, discrimination, corporate social responsibilityQuestionSocial justiceBusiness ethicsSocial ethicsNone of these

Describe the need for inculcating the value of ‘self-regulation’ over ‘regulation’ in the context of ethical governance. Supplement your answer with illustrations.