Corporate governance refers to
A)the way that a company is directed, administered, and controlled at the top.
B)the company's internal rules governing how members of the board must behave.
C)the set of national laws concerning the general ways companies are run.
D)b and c.

Question

Quizplus · Accepted Answer

Corporate governance refers to the way that a company is directed, administered, and controlled at the top. It encompasses the relationships between the shareholders, board of directors, and senior management.

B and C are not entirely accurate. While internal rules and national laws may be factors in corporate governance, they do not fully encompass the concept.

Corporate Governance Refers to