A commitment to good corporate governance:

Question

Quizplus · Accepted Answer

A commitment to good corporate governance typically includes measures that promote transparency, accountability, and ethical behavior within a company. These measures can make a company more attractive to investors who value socially responsible practices and are looking for long-term growth opportunities. Therefore, choice D is the correct answer. Choices A, B, and C are inaccurate because they suggest that good corporate governance involves actions that are either unnecessary, harmful, or ineffective. For instance, reducing the independence of the board could compromise its ability to oversee management and protect the interests of shareholders. Similarly, having a poor public image may put off potential customers and employees, and hinder the company's growth prospects. Lastly, the "comply or explain" approach, although a widely accepted corporate governance principle, has been criticized for allowing companies to avoid compliance with established norms without facing any consequences.

A Commitment to Good Corporate Governance