Problem
i. Explain the principle of Consequentialism and analyse how this will impact the relations between the board of directors and other stakeholders in the future.
ii. Outline a plan for corporate boards to adopt the Utilitarian approach to ethics in the face of the crisis of Covid-19 by including the definition of this term.
iii. How Corporate Governance differ in the private and public sector in Mauritius? Explain your answer by giving appropriate examples.
iv. What are the purposes of a Code of Ethics for professional accountants? Are there any fundamental principles that the professional accountants should comply with?