Corporate governance is_________ .
A) a term that refers to legal agreements made between two or more partner firms
B) another name for executive management
C) primarily a problem facing U.S. firms
D) a system used to protect the rights of shareholders

Question

Quizplus · Accepted Answer

Corporate governance is a system that outlines the rules and procedures for how a company is directed and controlled. Its main focus is to ensure that the interests of shareholders are protected and that the company is run in a responsible and ethical manner. While it is important for U.S. firms, it is also relevant for companies around the world.

Corporate Governance Is_________