Identify a true statement about the corporate governance committee of a company.

Question

Quizplus · Accepted Answer

The corporate governance committee of a company is responsible for monitoring the ethical performance of the corporation. They are often tasked with overseeing compliance with the company's internal code of ethics and ensuring that the company is acting in an ethical and responsible manner. While they may have input into compensation packages for senior executives, this is typically not their primary responsibility. Additionally, the committee may include employees of the company or outside experts in corporate governance.

Identify a True Statement About the Corporate Governance Committee of a Company