Corporate governance is:

Question

Quizplus · Accepted Answer

Corporate governance refers to the system by which corporations are directed and controlled, including mechanisms for balancing the interests of a company's many stakeholders (such as shareholders, management, customers, suppliers, financiers, government, and the community) and ensuring accountability to these stakeholders. Option A refers to the concept of financial reporting, Option B refers to voluntary disclosure, and Option D refers to broad principles guiding actions or decisions, but none of these options accurately describes corporate governance.

Corporate Governance Is