Which two countries are most likely to give prominence to shareholders in their corporate governance framework?
A) Germany and France
B) Japan and South Korea
C) Sweden and Norway
D) UK and USA

Question

Quizplus · Accepted Answer

The UK and USA are known for giving prominence to shareholders in their corporate governance framework. For example, in the UK, the Companies Act 2006 gives shareholders the power to approve certain transactions and to vote on major decisions such as the appointment of directors. In the USA, the Securities and Exchange Commission requires companies to disclose information to shareholders and provides them with a range of rights including the ability to vote on matters such as the election of directors and executive pay.

Which Two Countries Are Most Likely to Give Prominence to Shareholders