Which one of the following statements is correct?

Question

Quizplus · Accepted Answer

The correct statement is that the G20/OECD Principles explicitly mention the role of stakeholders in the firm and that their rights should be observed as prescribed by law and regulation. Option B is incorrect as the G20/OECD Principles draw on a range of international best practices and are not modelled solely on the Anglo-American system. Option C is also incorrect as the G20/OECD Principles advocate a balanced approach that takes into account the interests of all stakeholders, including shareholders, creditors, employees, and customers.

Which One of the Following Statements Is Correct