Corporate Governance Quiz

<p>Shareholders, Board of Directors &amp; Management, Employees, Customers &amp; suppliers</p> Signup and view all the answers

<p>Emphasizes individual and societal goals, as well as economic and social goals</p> Signup and view all the answers

<p>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.</p> Signup and view all the answers

<p>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.</p> Signup and view all the answers

<p>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.</p> Signup and view all the answers

<p>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.</p> Signup and view all the answers

<p>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.</p> Signup and view all the answers