Corporate governance is defined as ________.
A) a corporation's group of decision makers
B) the roles of owners, directors, and managers in making corporate decisions
C) the styles and ways in which corporations are led by CEOs, managers, and supervisors
D) lower, middle, and upper level management personnel within a company or organization

Question

Quizplus · Accepted Answer

Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community. The roles of owners, directors, and managers in making corporate decisions are a crucial aspect of corporate governance.

Corporate Governance Is Defined as ________