please answer 4th question only

300 words

We have come to recognize the legal obligation known as the Fiduciary Duty of Directors and Officers of a Corporation to their immediate stakeholders (namely - the shareholders). Additionally, Directors and Officers direct the activities of a Corporation within the legal framework within which they operate. Nevertheless, Corporations generally prefer to operate in a deregulated environment with less, as opposed to more, outside public or governmental scrutiny. In this Corporate environment, there has very recently and certainly more increasingly, developed a focus by Corporations to address non-economic issues that affect or might affect stakeholders - other than and in addition to a Corporation's shareholders. The manifestation of this focus has been characterized in relatively new terms, such as - Corporate Social Responsibility, Corporate Ethics, and Corporate Code of Conduct. So - as students in International Corporate Responsibility class, we should be asking ourselves: 1. Is what is evolving a good thing? 2. Is this focus on the ethical conversation real or is it selfserving? 3. Does it matter as to what the motives of a Corporation are in this regard? Regardless of motive, what if the initiatives taken are making a positive impact on a broader range of stakeholders. 4. Why are Corporations choosing to go down this road