What term is used to describe the relationships between a company's management, its board, shareholders, and other stakeholders that create a structure through which the objectives of the company are set, attained, and monitored?

Question

Quizplus · Accepted Answer

Corporate governance refers to the system of relationships and processes that influence the direction and performance of a company. It involves the interaction between management, the board of directors, shareholders, and other stakeholders, and is aimed at ensuring that the company is managed in an ethical and responsible way, with the goal of creating long-term value for all stakeholders. Options A, C, and D are not the most appropriate terms to describe the relationship between management, the board, shareholders, and other stakeholders.

What Term Is Used to Describe the Relationships Between a Company's