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What is the primary purpose of accountability in corporate governance?
What is the primary purpose of accountability in corporate governance?
- Creating a consensus approach for decision making
- Auditing organizational decisions
- Establishing fundamental systems for recovery
- Ensuring compliance with ethical and legal considerations (correct)
How does transparency relate to honesty and open communication?
How does transparency relate to honesty and open communication?
- It prevents individuals from sharing uncomfortable information
- It embodies honesty and open communication (correct)
- It encourages dishonesty within organizations
- It limits access to information
What does corporate governance aim to prevent and detect?
What does corporate governance aim to prevent and detect?
- Misconduct and unethical activities (correct)
- Rapid decision-making
- Employee promotions
- Strategic goal achievement
In the context of corporate governance, what does oversight provide?
In the context of corporate governance, what does oversight provide?
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What does a value of honesty in an organization align with?
What does a value of honesty in an organization align with?
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