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Questions and Answers
According to Sir Adrian Cadbury, corporate governance is concerned with holding the balance between which two goals?
According to Sir Adrian Cadbury, corporate governance is concerned with holding the balance between which two goals?
- Economic and social goals (correct)
- Economic and individual goals
- Social and communal goals
- Individual and communal goals
According to the International Finance Corporation, corporate governance concerns the relationships among which stakeholders?
According to the International Finance Corporation, corporate governance concerns the relationships among which stakeholders?
- Management, board of directors, controlling shareholders, and other stakeholders
- Management, board of directors, controlling shareholders, minority shareholders, and other stakeholders (correct)
- Management, board of directors, controlling shareholders, and minority shareholders
- Board of directors, controlling shareholders, minority shareholders, and other stakeholders
What is the main purpose of corporate governance in the Philippines?
What is the main purpose of corporate governance in the Philippines?
- To make corporate management more accountable and their auditors more rigorous (correct)
- To balance economic and social goals
- To ensure fair governance
- To attract public interest and improve economic health
Who defined corporate governance as the system by which companies are directed and controlled?
Who defined corporate governance as the system by which companies are directed and controlled?
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Why has corporate governance attracted public interest?
Why has corporate governance attracted public interest?
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