Organizational governance is __________.
A) another name for executive management
B) a system used to govern a corporation so that the interests of corporate owners are protected
C) the legal authority granted to a board of directors to govern an organization
D) the management process of delegating tasks along an established chain of command
E) the process of governing an organization in pursuit of the goals and mission established by top managers

Question

Quizplus · Accepted Answer

Organizational governance is a system used to govern a corporation so that the interests of corporate owners are protected. It includes the processes, principles, and structures that guide an organization in fulfilling its objectives while maintaining accountability to its stakeholders. It encompasses the roles and responsibilities of the board of directors, executive management, and other key actors in ensuring the long-term viability and sustainability of the organization.

Organizational Governance Is __________