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Directions: Read the following passage carefully and answer the questions that follow.In the mid-2000s the United States was reeling from a wave of corporate scandals: Think of WorldCom, Enron, Tyco, and AIG. For Aiyesha Dey, then an assistant professor of accounting at the University of Chicago, those episodes fuelled a question: Did leaders' lifestyles affect outcomes for their firms, and if so, how? "There were all these articles about how executives at those companies were throwing parties for millions of dollars," Dey recalls. So, she and colleagues embarked on a series of studies linking leaders' off-the-job behaviour with their actions at work. In deciding what behaviours to focus on, the researchers drew on findings in psychology and criminology. They settled on two: a propensity to break the law, which is tied to an overall lack of self-control and a disregard for rules, and materialism, which is associated with an insensitivity to how one's actions affect others and the environment. Across four studies, Dey - now an associate professor at Harvard Business School - and her co-authors examined correlations between one or both of those behaviours and five on-the-job issues.In their most recent paper, the researchers looked at whether executives' personal legal records - everything from traffic tickets to driving under the influence and assault - had any relation to their tendency to execute trades on the basis of confidential inside information. Using U.S. federal and state crime databases, criminal background checks, and private investigators, they identified firms that had simultaneously employed at least one executive with a record and at least one without a record during the period from 1986 to 2017. This yielded a sample of nearly 1,500 executives, including 503 CEOs. Examining executive trades of company stock, they found that those were more profitable for executives with a record than for others, suggesting that the former had made use of privileged information. The effect was greatest among executives with multiple offences and those with ______ violations.Which of the following is/are NOT TRUE in the context of the passage?I. While strong governance can discipline minor offenders, it appears to be largely ineffective for executives with more-serious criminal infractions.II. Companies where the CEO had a record had fewer independent directors.III. The one with legal records were likelier than others to trade during blackouts and to miss SEC reporting deadlines.a)Only Ib)I and II bothc)I and III bothd)II and III bothe)All of the aboveCorrect answer is option 'E'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Directions: Read the following passage carefully and answer the questions that follow.In the mid-2000s the United States was reeling from a wave of corporate scandals: Think of WorldCom, Enron, Tyco, and AIG. For Aiyesha Dey, then an assistant professor of accounting at the University of Chicago, those episodes fuelled a question: Did leaders' lifestyles affect outcomes for their firms, and if so, how? "There were all these articles about how executives at those companies were throwing parties for millions of dollars," Dey recalls. So, she and colleagues embarked on a series of studies linking leaders' off-the-job behaviour with their actions at work. In deciding what behaviours to focus on, the researchers drew on findings in psychology and criminology. They settled on two: a propensity to break the law, which is tied to an overall lack of self-control and a disregard for rules, and materialism, which is associated with an insensitivity to how one's actions affect others and the environment. Across four studies, Dey - now an associate professor at Harvard Business School - and her co-authors examined correlations between one or both of those behaviours and five on-the-job issues.In their most recent paper, the researchers looked at whether executives' personal legal records - everything from traffic tickets to driving under the influence and assault - had any relation to their tendency to execute trades on the basis of confidential inside information. Using U.S. federal and state crime databases, criminal background checks, and private investigators, they identified firms that had simultaneously employed at least one executive with a record and at least one without a record during the period from 1986 to 2017. This yielded a sample of nearly 1,500 executives, including 503 CEOs. Examining executive trades of company stock, they found that those were more profitable for executives with a record than for others, suggesting that the former had made use of privileged information. The effect was greatest among executives with multiple offences and those with ______ violations.Which of the following is/are NOT TRUE in the context of the passage?I. While strong governance can discipline minor offenders, it appears to be largely ineffective for executives with more-serious criminal infractions.II. Companies where the CEO had a record had fewer independent directors.III. The one with legal records were likelier than others to trade during blackouts and to miss SEC reporting deadlines.a)Only Ib)I and II bothc)I and III bothd)II and III bothe)All of the aboveCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the following passage carefully and answer the questions that follow.In the mid-2000s the United States was reeling from a wave of corporate scandals: Think of WorldCom, Enron, Tyco, and AIG. For Aiyesha Dey, then an assistant professor of accounting at the University of Chicago, those episodes fuelled a question: Did leaders' lifestyles affect outcomes for their firms, and if so, how? "There were all these articles about how executives at those companies were throwing parties for millions of dollars," Dey recalls. So, she and colleagues embarked on a series of studies linking leaders' off-the-job behaviour with their actions at work. In deciding what behaviours to focus on, the researchers drew on findings in psychology and criminology. They settled on two: a propensity to break the law, which is tied to an overall lack of self-control and a disregard for rules, and materialism, which is associated with an insensitivity to how one's actions affect others and the environment. Across four studies, Dey - now an associate professor at Harvard Business School - and her co-authors examined correlations between one or both of those behaviours and five on-the-job issues.In their most recent paper, the researchers looked at whether executives' personal legal records - everything from traffic tickets to driving under the influence and assault - had any relation to their tendency to execute trades on the basis of confidential inside information. Using U.S. federal and state crime databases, criminal background checks, and private investigators, they identified firms that had simultaneously employed at least one executive with a record and at least one without a record during the period from 1986 to 2017. This yielded a sample of nearly 1,500 executives, including 503 CEOs. Examining executive trades of company stock, they found that those were more profitable for executives with a record than for others, suggesting that the former had made use of privileged information. The effect was greatest among executives with multiple offences and those with ______ violations.Which of the following is/are NOT TRUE in the context of the passage?I. While strong governance can discipline minor offenders, it appears to be largely ineffective for executives with more-serious criminal infractions.II. Companies where the CEO had a record had fewer independent directors.III. The one with legal records were likelier than others to trade during blackouts and to miss SEC reporting deadlines.a)Only Ib)I and II bothc)I and III bothd)II and III bothe)All of the aboveCorrect answer is option 'E'. Can you explain this answer?.

Solutions for Directions: Read the following passage carefully and answer the questions that follow.In the mid-2000s the United States was reeling from a wave of corporate scandals: Think of WorldCom, Enron, Tyco, and AIG. For Aiyesha Dey, then an assistant professor of accounting at the University of Chicago, those episodes fuelled a question: Did leaders' lifestyles affect outcomes for their firms, and if so, how? "There were all these articles about how executives at those companies were throwing parties for millions of dollars," Dey recalls. So, she and colleagues embarked on a series of studies linking leaders' off-the-job behaviour with their actions at work. In deciding what behaviours to focus on, the researchers drew on findings in psychology and criminology. They settled on two: a propensity to break the law, which is tied to an overall lack of self-control and a disregard for rules, and materialism, which is associated with an insensitivity to how one's actions affect others and the environment. Across four studies, Dey - now an associate professor at Harvard Business School - and her co-authors examined correlations between one or both of those behaviours and five on-the-job issues.In their most recent paper, the researchers looked at whether executives' personal legal records - everything from traffic tickets to driving under the influence and assault - had any relation to their tendency to execute trades on the basis of confidential inside information. Using U.S. federal and state crime databases, criminal background checks, and private investigators, they identified firms that had simultaneously employed at least one executive with a record and at least one without a record during the period from 1986 to 2017. This yielded a sample of nearly 1,500 executives, including 503 CEOs. Examining executive trades of company stock, they found that those were more profitable for executives with a record than for others, suggesting that the former had made use of privileged information. The effect was greatest among executives with multiple offences and those with ______ violations.Which of the following is/are NOT TRUE in the context of the passage?I. While strong governance can discipline minor offenders, it appears to be largely ineffective for executives with more-serious criminal infractions.II. Companies where the CEO had a record had fewer independent directors.III. The one with legal records were likelier than others to trade during blackouts and to miss SEC reporting deadlines.a)Only Ib)I and II bothc)I and III bothd)II and III bothe)All of the aboveCorrect answer is option 'E'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.

Here you can find the meaning of Directions: Read the following passage carefully and answer the questions that follow.In the mid-2000s the United States was reeling from a wave of corporate scandals: Think of WorldCom, Enron, Tyco, and AIG. For Aiyesha Dey, then an assistant professor of accounting at the University of Chicago, those episodes fuelled a question: Did leaders' lifestyles affect outcomes for their firms, and if so, how? "There were all these articles about how executives at those companies were throwing parties for millions of dollars," Dey recalls. So, she and colleagues embarked on a series of studies linking leaders' off-the-job behaviour with their actions at work. In deciding what behaviours to focus on, the researchers drew on findings in psychology and criminology. They settled on two: a propensity to break the law, which is tied to an overall lack of self-control and a disregard for rules, and materialism, which is associated with an insensitivity to how one's actions affect others and the environment. Across four studies, Dey - now an associate professor at Harvard Business School - and her co-authors examined correlations between one or both of those behaviours and five on-the-job issues.In their most recent paper, the researchers looked at whether executives' personal legal records - everything from traffic tickets to driving under the influence and assault - had any relation to their tendency to execute trades on the basis of confidential inside information. Using U.S. federal and state crime databases, criminal background checks, and private investigators, they identified firms that had simultaneously employed at least one executive with a record and at least one without a record during the period from 1986 to 2017. This yielded a sample of nearly 1,500 executives, including 503 CEOs. Examining executive trades of company stock, they found that those were more profitable for executives with a record than for others, suggesting that the former had made use of privileged information. The effect was greatest among executives with multiple offences and those with ______ violations.Which of the following is/are NOT TRUE in the context of the passage?I. While strong governance can discipline minor offenders, it appears to be largely ineffective for executives with more-serious criminal infractions.II. Companies where the CEO had a record had fewer independent directors.III. The one with legal records were likelier than others to trade during blackouts and to miss SEC reporting deadlines.a)Only Ib)I and II bothc)I and III bothd)II and III bothe)All of the aboveCorrect answer is option 'E'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Read the following passage carefully and answer the questions that follow.In the mid-2000s the United States was reeling from a wave of corporate scandals: Think of WorldCom, Enron, Tyco, and AIG. For Aiyesha Dey, then an assistant professor of accounting at the University of Chicago, those episodes fuelled a question: Did leaders' lifestyles affect outcomes for their firms, and if so, how? "There were all these articles about how executives at those companies were throwing parties for millions of dollars," Dey recalls. So, she and colleagues embarked on a series of studies linking leaders' off-the-job behaviour with their actions at work. In deciding what behaviours to focus on, the researchers drew on findings in psychology and criminology. They settled on two: a propensity to break the law, which is tied to an overall lack of self-control and a disregard for rules, and materialism, which is associated with an insensitivity to how one's actions affect others and the environment. Across four studies, Dey - now an associate professor at Harvard Business School - and her co-authors examined correlations between one or both of those behaviours and five on-the-job issues.In their most recent paper, the researchers looked at whether executives' personal legal records - everything from traffic tickets to driving under the influence and assault - had any relation to their tendency to execute trades on the basis of confidential inside information. Using U.S. federal and state crime databases, criminal background checks, and private investigators, they identified firms that had simultaneously employed at least one executive with a record and at least one without a record during the period from 1986 to 2017. This yielded a sample of nearly 1,500 executives, including 503 CEOs. Examining executive trades of company stock, they found that those were more profitable for executives with a record than for others, suggesting that the former had made use of privileged information. The effect was greatest among executives with multiple offences and those with ______ violations.Which of the following is/are NOT TRUE in the context of the passage?I. While strong governance can discipline minor offenders, it appears to be largely ineffective for executives with more-serious criminal infractions.II. Companies where the CEO had a record had fewer independent directors.III. The one with legal records were likelier than others to trade during blackouts and to miss SEC reporting deadlines.a)Only Ib)I and II bothc)I and III bothd)II and III bothe)All of the aboveCorrect answer is option 'E'. Can you explain this answer?, a detailed solution for Directions: Read the following passage carefully and answer the questions that follow.In the mid-2000s the United States was reeling from a wave of corporate scandals: Think of WorldCom, Enron, Tyco, and AIG. For Aiyesha Dey, then an assistant professor of accounting at the University of Chicago, those episodes fuelled a question: Did leaders' lifestyles affect outcomes for their firms, and if so, how? "There were all these articles about how executives at those companies were throwing parties for millions of dollars," Dey recalls. So, she and colleagues embarked on a series of studies linking leaders' off-the-job behaviour with their actions at work. In deciding what behaviours to focus on, the researchers drew on findings in psychology and criminology. They settled on two: a propensity to break the law, which is tied to an overall lack of self-control and a disregard for rules, and materialism, which is associated with an insensitivity to how one's actions affect others and the environment. Across four studies, Dey - now an associate professor at Harvard Business School - and her co-authors examined correlations between one or both of those behaviours and five on-the-job issues.In their most recent paper, the researchers looked at whether executives' personal legal records - everything from traffic tickets to driving under the influence and assault - had any relation to their tendency to execute trades on the basis of confidential inside information. Using U.S. federal and state crime databases, criminal background checks, and private investigators, they identified firms that had simultaneously employed at least one executive with a record and at least one without a record during the period from 1986 to 2017. This yielded a sample of nearly 1,500 executives, including 503 CEOs. Examining executive trades of company stock, they found that those were more profitable for executives with a record than for others, suggesting that the former had made use of privileged information. The effect was greatest among executives with multiple offences and those with ______ violations.Which of the following is/are NOT TRUE in the context of the passage?I. While strong governance can discipline minor offenders, it appears to be largely ineffective for executives with more-serious criminal infractions.II. Companies where the CEO had a record had fewer independent directors.III. The one with legal records were likelier than others to trade during blackouts and to miss SEC reporting deadlines.a)Only Ib)I and II bothc)I and III bothd)II and III bothe)All of the aboveCorrect answer is option 'E'. Can you explain this answer? has been provided alongside types of Directions: Read the following passage carefully and answer the questions that follow.In the mid-2000s the United States was reeling from a wave of corporate scandals: Think of WorldCom, Enron, Tyco, and AIG. For Aiyesha Dey, then an assistant professor of accounting at the University of Chicago, those episodes fuelled a question: Did leaders' lifestyles affect outcomes for their firms, and if so, how? "There were all these articles about how executives at those companies were throwing parties for millions of dollars," Dey recalls. So, she and colleagues embarked on a series of studies linking leaders' off-the-job behaviour with their actions at work. In deciding what behaviours to focus on, the researchers drew on findings in psychology and criminology. They settled on two: a propensity to break the law, which is tied to an overall lack of self-control and a disregard for rules, and materialism, which is associated with an insensitivity to how one's actions affect others and the environment. Across four studies, Dey - now an associate professor at Harvard Business School - and her co-authors examined correlations between one or both of those behaviours and five on-the-job issues.In their most recent paper, the researchers looked at whether executives' personal legal records - everything from traffic tickets to driving under the influence and assault - had any relation to their tendency to execute trades on the basis of confidential inside information. Using U.S. federal and state crime databases, criminal background checks, and private investigators, they identified firms that had simultaneously employed at least one executive with a record and at least one without a record during the period from 1986 to 2017. This yielded a sample of nearly 1,500 executives, including 503 CEOs. Examining executive trades of company stock, they found that those were more profitable for executives with a record than for others, suggesting that the former had made use of privileged information. The effect was greatest among executives with multiple offences and those with ______ violations.Which of the following is/are NOT TRUE in the context of the passage?I. While strong governance can discipline minor offenders, it appears to be largely ineffective for executives with more-serious criminal infractions.II. Companies where the CEO had a record had fewer independent directors.III. The one with legal records were likelier than others to trade during blackouts and to miss SEC reporting deadlines.a)Only Ib)I and II bothc)I and III bothd)II and III bothe)All of the aboveCorrect answer is option 'E'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Read the following passage carefully and answer the questions that follow.In the mid-2000s the United States was reeling from a wave of corporate scandals: Think of WorldCom, Enron, Tyco, and AIG. For Aiyesha Dey, then an assistant professor of accounting at the University of Chicago, those episodes fuelled a question: Did leaders' lifestyles affect outcomes for their firms, and if so, how? "There were all these articles about how executives at those companies were throwing parties for millions of dollars," Dey recalls. So, she and colleagues embarked on a series of studies linking leaders' off-the-job behaviour with their actions at work. In deciding what behaviours to focus on, the researchers drew on findings in psychology and criminology. They settled on two: a propensity to break the law, which is tied to an overall lack of self-control and a disregard for rules, and materialism, which is associated with an insensitivity to how one's actions affect others and the environment. Across four studies, Dey - now an associate professor at Harvard Business School - and her co-authors examined correlations between one or both of those behaviours and five on-the-job issues.In their most recent paper, the researchers looked at whether executives' personal legal records - everything from traffic tickets to driving under the influence and assault - had any relation to their tendency to execute trades on the basis of confidential inside information. Using U.S. federal and state crime databases, criminal background checks, and private investigators, they identified firms that had simultaneously employed at least one executive with a record and at least one without a record during the period from 1986 to 2017. This yielded a sample of nearly 1,500 executives, including 503 CEOs. Examining executive trades of company stock, they found that those were more profitable for executives with a record than for others, suggesting that the former had made use of privileged information. The effect was greatest among executives with multiple offences and those with ______ violations.Which of the following is/are NOT TRUE in the context of the passage?I. While strong governance can discipline minor offenders, it appears to be largely ineffective for executives with more-serious criminal infractions.II. Companies where the CEO had a record had fewer independent directors.III. The one with legal records were likelier than others to trade during blackouts and to miss SEC reporting deadlines.a)Only Ib)I and II bothc)I and III bothd)II and III bothe)All of the aboveCorrect answer is option 'E'. Can you explain this answer? tests, examples and also practice CAT tests.