The governance mechanism MOST closely connected with deterring unethical behaviors by holding top management accountable for the corporate culture is:
A) ownership concentration.
B) the market for corporate control.
C) executive compensation systems.
D) the board of directors.

Question

Quizplus · Accepted Answer

The board of directors is responsible for overseeing the actions of top management and ensuring that the company adheres to ethical standards and maintains a positive corporate culture. They have the authority to hold executives accountable for their actions.

The Governance Mechanism MOST Closely Connected with Deterring Unethical Behaviors