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Questions and Answers
What served as the catalyst for corporate governance reform in the UK?
What served as the catalyst for corporate governance reform in the UK?
- Early corporate scandals (correct)
- Alignment of manager's interests with shareholders
- Increased shareholder activism
- Government intervention
What is the approach to corporate governance reform adopted in the UK?
What is the approach to corporate governance reform adopted in the UK?
- Mandatory regulations
- Prescriptive guidelines
- Voluntary compliance
- Comply or explain (correct)
What was the focus of the reforms to corporate affairs in the UK?
What was the focus of the reforms to corporate affairs in the UK?
- Aligning manager's interests with shareholders (correct)
- Promoting shareholder activism
- Imposing strict regulations on directors
- Enhancing government oversight
What was the Cadbury Report of 1992 primarily concerned with?
What was the Cadbury Report of 1992 primarily concerned with?
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What is the role of shareholder activism in corporate governance reform?
What is the role of shareholder activism in corporate governance reform?
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