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Questions and Answers
Good corporate governance allows the board and management to drive the organization forward without any accountability.
Good corporate governance allows the board and management to drive the organization forward without any accountability.
False
Management can influence who sits on the board and the audit committee, among other governance controls.
Management can influence who sits on the board and the audit committee, among other governance controls.
True
Accountability in governance only extends to shareholders and not to other stakeholders.
Accountability in governance only extends to shareholders and not to other stakeholders.
False
Stakeholders can be anyone directly or indirectly influenced by a company's actions.
Stakeholders can be anyone directly or indirectly influenced by a company's actions.
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Regulators ensure that organizations operate in compliance with relevant laws and prioritize returns for owners over social responsibility.
Regulators ensure that organizations operate in compliance with relevant laws and prioritize returns for owners over social responsibility.
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