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Questions and Answers
What is the purpose of corporate governance?
What is the purpose of corporate governance?
- To enhance accountability and transparency (correct)
- To maximize profits for shareholders
- To minimize risks for stakeholders
- To avoid paying taxes
Which of the following is a characteristic of good governance?
Which of the following is a characteristic of good governance?
- Lack of transparency
- Accountability and responsibility (correct)
- Favoritism and nepotism
- Poor communication channels
What are the objectives of corporate governance?
What are the objectives of corporate governance?
- Meeting regulatory requirements only
- Ensuring ethical conduct and integrity (correct)
- Minimizing employee benefits
- Maximizing short-term profits
What do the basic principles of effective corporate governance focus on?
What do the basic principles of effective corporate governance focus on?
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In the context of corporate governance, what are best practice recommendations typically focused on?
In the context of corporate governance, what are best practice recommendations typically focused on?
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