The leadership and management of a business are directly accountable to its owners defines:
A) Effective Governance
B) IT Governance
C) Corporate Governance
D) Less-robust Governance
E) Policy Governance

Question

Quizplus · Accepted Answer

Corporate Governance refers to the system of rules, practices, and processes by which a firm is directed and controlled. It involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community. The statement describes the accountability of leadership and management to the owners (shareholders) of the business, which is a fundamental aspect of Corporate Governance.

The Leadership and Management of a Business Are Directly Accountable