The climate for corporate governance can best be viewed as a balance between being strong enough to monitor while avoiding being so restrictive as to constrain the CEO's ability to make decisions.

Question

Quizplus · Accepted Answer

The statement accurately describes the ideal climate for corporate governance. It is important for the board of directors to have enough power to monitor and ensure accountability, but also to allow the CEO enough freedom to make decisions and drive the company forward. Finding this balance is key for effective corporate governance.

The Climate for Corporate Governance Can Best Be Viewed as a Balance