Podcast
Play an AI-generated podcast conversation about this lesson
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?
Signup and view all the answers
What is the role of shareholder activism in corporate governance reform?
What is the role of shareholder activism in corporate governance reform?
Signup and view all the answers
