Which of these defines the oversight of a public corporation by its board of directors?
A)Board isolation
B)Deontological overview
C)Corporate governance
D)Public policy
E)Profit maximization

Question

Quizplus · Accepted Answer

Corporate governance refers to the processes and practices that a company uses to ensure that its operations are transparent, accountable, and effective. This includes oversight of the corporation by its board of directors, which involves making decisions about the company's strategic direction, financial performance, and risk management. Board isolation, deontological overview, public policy, and profit maximization are not directly related to the oversight of a public corporation by its board of directors.

Which of These Defines the Oversight of a Public Corporation