The oversight of the firm by its executive staff and board of directors is called corporate
A)control.
B)oversight.
C)power.
D)governance.
E)strategy.

Question

Quizplus · Accepted Answer

Corporate governance refers to the system of policies, practices, and procedures that a firm employs to oversee and manage its operations. This includes the oversight of the firm's executive team and board of directors, as well as other stakeholders such as shareholders, employees, and customers. The primary goal of corporate governance is to ensure that the firm operates ethically, transparently, and in the best interests of all stakeholders.

The Oversight of the Firm by Its Executive Staff and Board