Corporate governance mechanisms are designed to ensure that top managers make strategic decisions that best serve the interests of the entire group of stakeholders.

Question

Quizplus · Accepted Answer

Corporate governance mechanisms exist to provide oversight and guidance to top managers in making decisions that align with the interests of various stakeholders, including shareholders, employees, customers, and the broader community. These mechanisms may include board of director oversight, executive compensation structures, and transparency and disclosure requirements. The ultimate goal is to promote responsible and sustainable management practices and to protect the interests of all stakeholders involved.

Corporate Governance Mechanisms Are Designed to Ensure That Top Managers