Corporate governance can be defined as
A) the economic,legal,and institutional framework in which corporate control and cash flow rights are distributed among shareholders,managers and other stakeholders of the company.
B) the general framework in which company management is selected and monitored.
C) the rules and regulations adopted by boards of directors specifying how to manage companies.
D) the government-imposed rules and regulations affecting corporate management.
Correct Answer:
Verified
Q5: In the United States,managers are legally bound
Q6: In a public company with diffused ownership,the
Q7: The public corporation has a key weakness
Q8: The separation of the company's ownership and
Q9: Countries with strong shareholder protection tend to
Q11: Corporate governance structure
A)varies a great deal across
Q12: The central issue of corporate governance is
A)how
Q13: The key weakness of the public corporation
Q14: The strongest protection for investors is provided
Q15: The genius of public corporations stems from
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