Podcast
Questions and Answers
What is the primary aim of corporate governance initiatives?
What is the primary aim of corporate governance initiatives?
- Eliminate competition
- Ensure entities are run in the interests of shareholders and the community (correct)
- Maximize profits for executives
- Increase the lifespan of a company
Corporate governance is only important for privately owned companies.
Corporate governance is only important for privately owned companies.
False (B)
Name one responsibility of directors in corporate governance.
Name one responsibility of directors in corporate governance.
To direct and control the company effectively.
Good internal _____ is a necessity in corporate governance.
Good internal _____ is a necessity in corporate governance.
Match the following elements of corporate governance with their descriptions:
Match the following elements of corporate governance with their descriptions:
Flashcards
Corporate Governance
Corporate Governance
Methods of directing and controlling a company for the benefit of shareholders and the community.
Board of Directors
Board of Directors
A crucial part of corporate governance, responsible for overseeing company management.
Internal Controls
Internal Controls
Important mechanisms for ensuring company resources are used appropriately.
Audit Committee
Audit Committee
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Publicly Traded Entities
Publicly Traded Entities
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