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Corporate Governance Overview
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Corporate Governance Overview

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Questions and Answers

What does Corporate Governance refer to?

  • Techniques for managing a corporation (correct)
  • Techniques for managing household chores
  • Techniques for managing social media presence
  • Techniques for managing personal finances

    • Who is responsible for conducting Corporate Governance in a company?

  • Competitors
  • Shareholders
  • Customers
  • Board of Directors and Committees (correct)

    • What is the primary goal of Corporate Governance?

  • Favoring societal goals over economic goals
  • Balancing individual and societal goals (correct)
  • Ignoring stakeholders' desires
  • Maximizing profits at any cost

    • Which groups participate in shaping a corporation's performance according to the text?

    <p>Shareholders, board of directors, and company's management</p> Signup and view all the answers

    Why is it important for the relationship between owners and managers to be healthy in an organization?

    <p>To avoid conflict and ensure proper performance</p> Signup and view all the answers

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