In New Zealand, which of the following have been reactions to high-profile company failures such as that of Feltex?
A) greater disclosure requirements for companies
B) Corporate Governance Council set up by the New Zealand Securities Commission
C) Royal Commission
D) all of the above

Question

Quizplus · Accepted Answer

All three options have been reactions to high-profile company failures in New Zealand. Greater disclosure requirements have been introduced to improve transparency and accountability, the Corporate Governance Council was established to provide guidance on best practice in corporate governance, and a Royal Commission was formed to investigate systemic issues within the financial sector.

In New Zealand, Which of the Following Have Been Reactions