Corporate Governance and Ethical Considerations Quiz
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Questions and Answers

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?

  • 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?

  • 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?

    <p>Sir Adrian Cadbury</p> Signup and view all the answers

    Why has corporate governance attracted public interest?

    <p>Because of its apparent importance for the economic health of corporations and society</p> Signup and view all the answers

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