2. Hosted by Dr. William J. Frey

3. 100 200 400 300 400 Hewlett- Packard Case Hughes CaseCorporate Governance 300 200 400 200 100 500 100

4. Row 1, Col 1 CEO of Hewlett-Packard from 1999 until February 2005, this individual also ran for senate in California in 2010 Who is Carly Fiorina?

5. 1,2 Hughes Aircraft was responsible for manufacturing these for use in military hardware. What are analogue to digital computer chips?

6. 1,3 “The system of allocating power in a corporation that determines how and by whom the company is to be directed.” What is corporate governance?

7. 1,4 1. Provide increased protection to whistle-blowers 2. Require adherence to an established code of ethics 3. Provide "full, fair, timely and understandable disclosure" 4. Require maintenance of “ honest and ethical" behavior. 5. Mandate reporting ethics violations promptly 6. Insist on compliance with "applicable governmental laws, rules, and regulations" What are some of the provisions of Sarbanes-Oxley?

8. 2,1 This method of investigation involved investigators requesting information from operators orally, over the phone, pretending to be someone else if necessary What is pretexting?

9. 2,2 This Hughes official, manager of micro- circuit manufacturing, threw his glasses at Margaret Goodearl when told that she was considering initiating a harassment complaint against him. Who was Frank Saia?

10. 2,3 Because this approach assumes that manager and owner interests diverge it sets as the central problem keeping managers faithful to owner directives. What is the agency approach to corporate governance?

11. 2,4 The strategy of this government approach to law breaking is to provide incentives for corporations to have in place serious and effective compliance procedures. What are the Federal Sentencing Guidelines?

12. 3,1 This HP board member was found to have leaked information about board proceedings to the press and asked to step down from his position. Who is Jay Keyworth?

13. 3,2 These tests carried out by Hughes test operators were necessary to ensure that the chips could operate effectively under battle conditions. What are the Temperature Cycle, Constant Acceleration, Mechanical Shock, and Hermeticity tests?

14. 3,3 This approach assumes that managers can be altruistic and therefore that the central problem in corporate governance is to create an environment in which managers find work meaningful and fulfilling What is the stewardship approach to corporate governance?

15. 3,4 1. Identifying minimum levels of acceptable conduct and codifying these into rules. 2. Putting into place systems to monitor behavior. 3. Administering punishments to those not in compliance. What are the three parts to a compliance approach to ethical behavior?

16. 4,1 This board member resigned in protest of the board deciding to fire Keyworth. Later he claimed that he also resigned because his privacy was invaded by pretexting during the Kona II investigations. Who is Tom Perkins?

17. 4,2 Margaret Goodearl and Ruth Ibarra brought documented evidence of Hughes test skipping here. What is the Inspector General Office of the US Department of Defense?

18. 4,3 According to agency theory, an action breaks down into these two dimensions. What is the principal or originator of the action and the agent or executor of the action?

19. 4,4 According to Dunn, the most fundamental duties of a director rely entirely upon the absolute trust that each director must have in one another’s confidentiality What are the duties of deliberation and candor?

20. 5,1 These two HP board members were initially allies but became bitter enemies as a result of the leak investigation. One represents the agency approach to corporate governance while the other leans more toward the stewardship approach Who are Patricia Dunn and Tom Perkins?

21. 5,2 What is the name of the lawsuit initiated by Goodearl and Ibarra to bring to the attention of the government Hughes’s wrongdoing? What is a qui tam (on behalf of) lawsuit?

22. 5,3 These require “exercising due diligence in hiring and assigning personnel to positions with substantial authority What are the Federal Sentencing Guidelines?

23. 5,4 (1) identify and formulate values. (2) encourage employees to adopt values as core commitments through training programs, ethics audits, and corporate codes. (3) respond to values "gaps“ or challenges by means of moral support. What are the components of a values-based approach to corporate conduct?