Corporate governance is all of the following EXCEPT:
A) mechanisms used to determine and control the strategic direction and performance of organizations.
B) a means to establish and maintain harmony between owners and top managers whose interests may conflict.
C) ensuring that top managers' interests are aligned with the interests of stockholders.
D) resolve conflicts among corporate employees.

Question

Quizplus · Accepted Answer

Corporate governance is not primarily focused on resolving conflicts among corporate employees. Instead, it is concerned with ensuring that the organization is directed and controlled in a way that aligns with the interests of its owners (shareholders) and other stakeholders. It involves establishing clear lines of responsibility and accountability, as well as mechanisms for monitoring and enforcing compliance with established policies and procedures.

Corporate Governance Is All of the Following EXCEPT