The pattern of relations and controls between stockholders, the board of directors, and the company's top management is __________.

Question

Quizplus · Accepted Answer

The pattern of relations and controls between stockholders, the board of directors, and the company's top management is known as corporate governance. This involves the processes, structures, and information used for decision-making in the corporation, as well as the mechanisms for holding executives accountable to shareholders and other stakeholders.

The Pattern of Relations and Controls Between Stockholders, the Board