Corporate governance is the
A) relationship and exercise of oversight by the board of directors of the company.
B) relationship between the chief financial officer (CFO) and institutional investors.
C) operation of a company by the chief executive officer (CEO) and other senior executives on the management team.
D) governance of the company by the board of directors with a focus on pleasing management.

Question

Quizplus · Accepted Answer

Corporate governance refers to the relationship and exercise of oversight by the board of directors in ensuring that the company is managed in accordance with the interests of shareholders and other stakeholders. It involves setting strategic objectives, providing oversight on risk management, financial reporting and audit, and monitoring executive performance.

Corporate Governance Is the