The centerpiece of the corporate governance system in the United States and the United Kingdom is___________________.

Question

Quizplus · Accepted Answer

The board of directors is the main component of corporate governance in both the United States and the United Kingdom. The board of directors is responsible for overseeing the management team and making strategic decisions on behalf of the company and its shareholders. They are also responsible for ensuring that the company complies with legal and regulatory requirements. Other options, such as stock-based compensation and financial statements, are important components of corporate governance, but they do not represent the centerpiece of the governance system.

The Centerpiece of the Corporate Governance System in the United