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Questions and Answers
Which of the following is a key requirement of good governance?
Which of the following is a key requirement of good governance?
- Consensus
- Corporate governance
- Equity
- Effectiveness (correct)
What is the purpose of corporate governance?
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?
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?
What is the role of the Board of Directors in corporate governance?
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What does good corporate governance enable firms to do?
What does good corporate governance enable firms to do?
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Which of the following is a characteristic of good governance according to the text?
Which of the following is a characteristic of good governance according to the text?
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What is the role of transparency in good governance according to the text?
What is the role of transparency in good governance according to the text?
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Which of the following is NOT mentioned as a context in which governance can be used?
Which of the following is NOT mentioned as a context in which governance can be used?
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What is the role of the rule of law in good governance according to the text?
What is the role of the rule of law in good governance according to the text?
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Which of the following departments is mentioned as an example of an institution built to serve a specific purpose?
Which of the following departments is mentioned as an example of an institution built to serve a specific purpose?
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