Mastering Governance
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Questions and Answers

Which of the following is a key requirement of good governance?

  • Consensus
  • Corporate governance
  • Equity
  • Effectiveness (correct)
  • What is the purpose of corporate governance?

  • To enhance shareholder's value
  • To increase shareholder's wealth
  • To assess behavior and actions
  • To facilitate effective management (correct)
  • What does transparency in an organization aim to achieve?

  • Assessment of behavior and actions
  • Higher valuation of shares
  • Equitable treatment of shareholders
  • Full disclosure of transactions (correct)
  • What is the role of the Board of Directors in corporate governance?

    <p>To direct and control the organization</p> Signup and view all the answers

    What does good corporate governance enable firms to do?

    <p>Limit exposure to regulatory risks</p> Signup and view all the answers

    Which of the following is a characteristic of good governance according to the text?

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

    What is the role of transparency in good governance according to the text?

    <p>To provide enough information in easily understandable forms</p> Signup and view all the answers

    Which of the following is NOT mentioned as a context in which governance can be used?

    <p>Educational governance</p> Signup and view all the answers

    What is the role of the rule of law in good governance according to the text?

    <p>To enforce laws impartially</p> Signup and view all the answers

    Which of the following departments is mentioned as an example of an institution built to serve a specific purpose?

    <p>Department of Agriculture (DA)</p> Signup and view all the answers

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