It is generally accepted that the board of directors, not managers, have the primary responsibility for corporate governance.

Question

Quizplus · Accepted Answer

The board of directors is primarily responsible for corporate governance, overseeing the management of the company and ensuring that the company's operations are conducted in the best interest of the shareholders and other stakeholders. Managers, on the other hand, handle the day-to-day operations and implement the strategies set by the board.

It Is Generally Accepted That the Board of Directors, Not