1. What is a corporate social responsibility program and why do corporations use this practice? What are the effects of these programs and how have these programs been studied? Do they enhance firm value? Discuss. 2. How does Warren Buffet believe a firm should be governed? Discuss how he views his own role in Berkshire Hathaway and the key principles that resonate throughout his letters. 3. Where does corporate charity fit in Warren's views of a well-governed firm? Discuss how he might interpret the findings of John Lists' studies. 4. If the U.S. government mandates that all firms implement a CSR program for which a firm must spend 10% of their earnings each year, what do you think would be the outcome