Which of the following is the best definition of corporate governance?
A) The sale of stock in a wholly owned subsidiary via an IPO.
B) A targeted share repurchase method. repurchase method. oice2
C) The sale of assets, operations, divisions, and/or segments of a business to a third party.
D) Investment in more than one asset; returns do not move proportionally in the same direction at the same time, thus reducing risk.
E) Rules and practices relating to how corporations are governed by management, directors, and shareholders.

Question

Quizplus · Accepted Answer

Corporate governance refers to the system of rules, practices, and processes by which a firm is directed and controlled. It involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community.

Which of the Following Is the Best Definition of Corporate