1, 2020: Corporate Governance and Ethics Forum - BAC306

This discussion board post is a response to a forum assignment on Corporate Governance and Ethics, focusing on a TED Talk about the crisis of leadership and a new way forward. The post addresses key questions about the term "B Corp," hubris syndrome, and the shortcomings of hierarchical leadership. The student agrees with the video's emphasis on the importance of leadership in guiding an organization's corporate social responsibility (CSR) and fostering a positive impact on the environment and society. The post critiques traditional leadership styles and highlights the need for leaders who prioritize collaboration and ethical practices over monetary gains and power. The student provides a critical analysis of the concepts discussed in the video and offers their perspective on the ideas presented.

Running head: CORPORATE GOVERNANCE AND ETHICS
Corporate Governance and Ethics
Name of the Student
Name of the University
Author Note

1CORPORATE GOVERNANCE AND ETHICS
1. What is meant by the term, "B Corp"? Explain.
As per the video conversation, the terms have been explained by the orator. B-corp is
a term that is used for the organisation that are not just only providing their services to the
customers but also they are having the corporate social responsibilities mentioned in the
business reports that they are presenting at the end of the year to have a proper note of all the
resources that they are using for the development of the environment and not just focusing on
monetary gains (Freedman, 2020).
2. What does Halla mean by the term, "hubris syndrome"? Explain.
The orator has a concept developed called hubris syndrome which decides the
leadership mindset of a person. This is the mindset that makes a person develop the mindset
of leadership to be e position of power and not for engaging into developmental work or
make the entire team work to achieve the unified goal for or add positive impact to the
environment. It is just the mindset of the leader which things that the power of leadership is
possessing a power to have upper hand over the other team members.
3. What is wrong with hierarchical leadership? Explain
Hierarchical leadership provides the sense of power to the leader and not the ability to
make the entire team work as a unit that is leading an organisation to reach its goal
(Alrowwad, Obeidat & Aqqad, 2017). Rather, hierarchical leadership provides a person with
the sense that having monetary gains is better than providing the vision to the team members
that working for the organisation does not only mean to have monetary gains but also has
other social responsibility to fulfil.
4. Do you disagree with anything in the video? Why?
I particularly do not disagree with any of the points that have been mentioned in this
particular video. A leader with a different approach is required and there are several aspects

2CORPORATE GOVERNANCE AND ETHICS
to this as well. It is found that organizations still follow the age old leadership styles that are
plagued with misconceptions nowadays (Bendell, Sutherland & Little, 2017). It is true that
leaders nowadays are focusing more on military games rather than thinking about CSR or any
responsibility about working for the betterment of the organisation as well as the
environment. This is all induced by leadership which is again cannot be provided by a
hierarchical structure but every leader is born within themselves. Therefore in this video there
is no point that could be disagreed with.
5. What in particular do you agree with? Why?
The primary particular thing that I agree with is that an organisation and its corporate
social responsibility is guided by a leader. The idea that the orator has presented in this
speech is about how a leader is not a designated post belonging to a specific gender employee
(Ismail, 2017). The primary point of a specific successful leadership is bring about the
acceptance of other people within the organisation and understanding the concept off not
working dress for money but also for adding positive attitudes towards the environment and
Society.

3CORPORATE GOVERNANCE AND ETHICS
Bibliography
Alrowwad, A. A., Obeidat, B. Y., & Aqqad, N. (2017). The impact of transformational
leadership on organizational performance via the mediating role of corporate social
responsibility: A structural equation modeling approach. International Business
Research, 10(1), 199-221.
Bendell, J., Sutherland, N., & Little, R. (2017). Beyond unsustainable leadership: critical
social theory for sustainable leadership. Sustainability Accounting, Management and
Policy Journal.
Freedman, H. (2020). The crisis of leadership -- and a new way forward. Retrieved 21 March
2020, from
https://www.ted.com/talks/halla_tomasdottir_and_bryn_freedman_the_crisis_of_lead
ership_and_a_new_way_forward#t-681331
Ismail, N. (2017). Embracing social responsibilities through local leadership: Comparing the
experience of the mayors of Bristol and Liverpool. Directly Elected Mayors in Urban
Governance: Impact and Practice, 85.