Organizational governance ________.
A)refers to executive hiring practices in companies
B)is a system used to govern a corporation so that the interests of corporate owners are protected
C)is a term that refers to legal agreements made between two or more partner firms
D)refers to regulations set by governments to monitor organizations

Question

Quizplus · Accepted Answer

Organizational governance is a system used to govern a corporation so that the interests of corporate owners are protected. It includes the processes, principles, and structures that define how a company operates and how power is exercised to achieve its objectives while addressing the interests of its stakeholders. It encompasses the allocation of decision-making authority and accountability, as well as the systems and structures in place for overseeing and managing corporate performance, risks, and compliance.

Organizational Governance ________