10 Questions
What is corporate governance?
The structure of rules, practices, and processes used to direct and manage a company
What does corporate governance entail?
Environmental awareness and ethical behavior
What is a benefit of strong corporate governance?
Maintains investors’ confidence and lowers the capital cost
Who does corporate governance take into account?
Shareholders, Board of Directors & Management, Employees, Customers & suppliers
What is the focus of corporate governance?
Emphasizes individual and societal goals, as well as economic and social goals
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.
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.
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.
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.
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.
Test your knowledge of corporate governance with this quiz! Explore the rules, practices, and decision-making processes that guide companies. Evaluate your understanding of policies, implementation, and monitoring within the governing body of organizations.
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