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Questions and Answers
Which of the following best describes corporate governance?
Which of the following best describes corporate governance?
- The system of rules, practices, and processes by which a company is directed and controlled (correct)
- The exercise of power and authority by leaders of a country
- The process of decision making and implementation of decisions in a company
- The process whereby elements in society enact policies and decisions concerning public life
What does good governance ensure in businesses?
What does good governance ensure in businesses?
- Transparency and accountability (correct)
- Consensus and responsiveness
- Rule of law and effectiveness
- Participation and inclusiveness
Who does corporate governance identify?
Who does corporate governance identify?
- The shareholders and employees
- The leaders of the country
- The decision-makers in a company
- The elements in society (correct)
What are the characteristics of good governance?
What are the characteristics of good governance?
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What is the main objective of corporate governance?
What is the main objective of corporate governance?
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