Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What is the fundamental governing body of a corporation?
What is the fundamental governing body of a corporation?
- The shareholders
- The CEO
- The board of directors (correct)
- The top management
Which act had a significant impact on corporate governance in the United States?
Which act had a significant impact on corporate governance in the United States?
- Dodd-Frank Act
- Gramm-Leach-Bliley Act
- Sarbanes–Oxley Act (correct)
- Patriot Act
What is the primary role of the board of directors in corporate governance?
What is the primary role of the board of directors in corporate governance?
- Maximizing shareholder wealth
- Conducting day-to-day business operations
- Overseeing top management (correct)
- Implementing operational strategies
How can the composition of a board affect its operation?
How can the composition of a board affect its operation?
Signup and view all the answers
What is an important part of strategic management in corporate governance?
What is an important part of strategic management in corporate governance?
Signup and view all the answers
