When discussing the structure of corporate governance, the authors distinguish between internal and external factors. ________ is an example of an internal factor, and ________ is an example of an external factor.

Question

Quizplus · Accepted Answer

Internal factors are those that are controlled by the organization itself, while external factors are those that are outside of the organization's control. Executive management is an example of an internal factor because it is a part of the organization and can be influenced by the company's actions. Auditors, on the other hand, are an example of an external factor because they are independent from the organization and are regulated by external bodies.

When Discussing the Structure of Corporate Governance, the Authors Distinguish