Mastering Corporate Governance

Corporate governance is the system by which companies are directed and controlled.

Corporate governance is important because there is a separation in the ownership and control of companies, and shareholders rely on directors to manage their investments.

Directors act as 'stewards' of the investment made by shareholders and they are also the 'agents' of the shareholders.

<p>The Code of Best Practice on Corporate Governance is a set of guidelines that promote good corporate governance practices.</p> Signup and view all the answers

<p>Good corporate governance helps ensure transparency, accountability, and the protection of shareholder interests.</p> Signup and view all the answers

<p>A breach of a warranty allows the innocent party to claim compensation only</p> Signup and view all the answers

<p>The contract cannot be terminated due to a breach of warranty</p> Signup and view all the answers

<p>Hongkong Fir Shipping Co V Kawasaki Kisen Ltd (1962) 2QB 26</p> Signup and view all the answers