Best practices in the corporate governance rating of corporate entities are used as benchmarks for the assessment rather than using the standards of particular country or jurisdiction.

Question

Quizplus · Accepted Answer

Best practices in corporate governance rating often serve as benchmarks because they provide a universal standard that can be applied across different companies and jurisdictions, allowing for a more consistent and comparative assessment of corporate governance quality. This approach helps in overcoming the limitations and variances in national or local regulations.

Best Practices in the Corporate Governance Rating of Corporate Entities