12 Questions
In Corporate Governance, who are the stakeholders that need to be balanced?
Governments and shareholders
What does Corporate Management primarily deal with?
Daily operations
According to Stewardship Theory of Corporate Governance, what is a steward responsible for?
Protecting the interests of shareholders
What is the main goal of Stewardship governance?
Creating a successful organization for shareholder prosperity
How does business ethics impact corporate governance?
It ensures good governance
What is the primary purpose of Good Corporate governance?
Dealing with stakeholders in a fair manner
What does 'Accountability' refer to in a company?
Giving an explanation for the company's actions
Who are considered the primary stakeholders in a typical corporation?
Investors, employees, customers, and suppliers
What is a key aspect of 'Fairness' in corporate decision-making?
Ensuring all shareholders receive equal consideration
How can a company practice 'Transparency' effectively?
Proactively communicating information openly
What is the relationship between management and the Board regarding 'Accountability'?
Management is accountable to the Board, and the Board is accountable to shareholders
How does 'Fairness' impact decision-making in a company?
Balancing the interests of different stakeholders
Test your knowledge on the core principles of business corporate system including corporate management and corporate governance. Learn about the system of rules, practices, and processes involved in directing and controlling companies.
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