5 Questions
The fundamental basis of corporate governance includes principles related to which aspects of the corporation's value system?
The fundamental basis of corporate governance includes principles related to human resource, accounting and financial standards, concern for the environment and social advancement, customer service, fair treatment of suppliers and competitors, compliance with government laws and regulations, and desire to lead the society to a better economic standard and quality of life.
What are the main objectives of corporate governance in preventing fraud and malpractices?
The main objectives of corporate governance in preventing fraud and malpractices are to enable corporations to perform efficiently and to establish a 'Code of Best Conduct', policies and procedures governing the behavior of individuals within the corporation.
How does corporate governance enable corporations to perform efficiently in terms of preventing fraud and malpractices?
Corporate governance enables corporations to perform efficiently by preventing fraud and malpractices through the establishment of policies and procedures governing the behavior of individuals within the corporation.
What are the key components of the 'Code of Best Conduct' in corporate governance?
The key components of the 'Code of Best Conduct' in corporate governance include human resource principles, dedication to accurate and transparent accounting and financial standards, concern for the environment and social advancement, passion to serve customers and guarantee products and services, fair treatment of suppliers and competitors, compliance with government laws and regulations, and desire to work with others to lead the society to a better economic standard and quality of life.
How do the principles of corporate governance contribute to the overall value system of the corporation?
The principles of corporate governance contribute to the overall value system of the corporation by emphasizing respect and dignity for all, dedication to accurate and transparent accounting and financial standards, concern for the environment, good business ethics and conduct, social advancement, passion to serve customers, fair treatment of suppliers and competitors, compliance with government laws and regulations, and desire to work with others to lead the society to a better economic standard and quality of life.
Test your knowledge of corporate governance and responsibility with this quiz. Explore topics such as human resource principles, accounting and financial standards, environmental concerns, business ethics, and social advancement. See how well you understand the fundamental values and principles that shape corporate governance.
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