Corporate Governance Quiz

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Questions and Answers

What is corporate governance?

The marketing strategies employed by a company
The financial management of a company
The process of decision making within a company
The structure of rules, practices, and processes used to direct and manage a company (correct)

What does corporate governance entail?

Strict marketing guidelines
Employee compensation strategies
Environmental awareness and ethical behavior (correct)
Strict financial regulations

What is a benefit of strong corporate governance?

Increases the company's marketing reach
Leads to higher employee turnover
Reduces the need for transparency
Maintains investors’ confidence and lowers the capital cost (correct)

Who does corporate governance take into account?

Shareholders, Board of Directors & Management, Employees, Customers & suppliers (D) Signup and view all the answers

What is the focus of corporate governance?

Emphasizes individual and societal goals, as well as economic and social goals (B) Signup and view all the answers

What is the purpose of corporate governance?

The purpose of corporate governance is to direct and manage a company, make decisions, establish policies, and ensure proper implementation while incorporating ethics and values in the management. Signup and view all the answers

What does corporate governance encompass?

Corporate governance encompasses the structure of rules, practices, and processes, the accountability, oversight, transparency, and control, as well as the incorporation of ethics and values in the management. Signup and view all the answers

Who does corporate governance take into account?

Corporate governance takes into account the interests of shareholders, board of directors, management, employees, customers, and suppliers, emphasizing individual and societal goals, as well as economic and social goals. Signup and view all the answers

What are some benefits of strong corporate governance?

Some benefits of strong corporate governance include maintaining investors' confidence, raising capital efficiently, lowering capital cost, and having a positive impact on share price by maintaining and developing trust in the market. Signup and view all the answers

What is the broad scope of corporate governance?

The broad scope of corporate governance includes both social and institutional aspects, taking into account the interaction between various participants in shaping corporation's performance and the moral, ethical, or value framework under which corporate decisions are taken. Signup and view all the answers