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International Corporate Reporting and Governance | Online Assignment Help

Assignment Task
In September 2015, Volkswagen (VW), admitted that it had been using illegal “defeat device” software to falsify its emission readings when cars were tested under laboratory conditions to make them seem environmentally “cleaner”. This revelation significantly impacted VW’s stock market valuation, resulted in significant losses to VW and will mean the recall of millions of cars globally for rectification. In addition, it has triggered much discussion about the implications for corporate social responsibility, governance, ethics and environmental issues.

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You are required to:
1. Appraise the global economic, social and environmental consequences of the scandal;
2. Evaluate the impact that the scandal has had on the interpretation of “corporate social responsibility”; and
3. Assess to what extent a combination of inadequate corporate governance and poor ethical management behaviour, allowed this scandal to happen.

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