7 Questions
According to the OECD, what does Corporate Governance refer to?
The private and public institutions governing the relationship between corporate managers and entrepreneurs, and investors
According to the Cadbury Report, how is Corporate Governance defined?
As the process by which companies are directed and controlled
How does Corporate Governance defined by Corporate Governance: An International Review differ from the definition in the Cadbury Report?
It emphasizes increasing value for stakeholders through power exercise
What aspect of Corporate Governance does the OECD definition specifically highlight?
Governing the relationship between corporate managers, entrepreneurs, and investors
According to Dean Robert Clark, which of the following is NOT one of the characteristics essential to the vitality and appeal of the corporate form?
Tax benefits for investors
In the eyes of the law, a corporation is considered as:
A real person
Which aspect of the corporate form was considered radical a century ago?
Limited liability for investors
Test your knowledge of corporate governance with this quiz that covers the definitions and concepts provided by various influential organizations and reports.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free