Corporate governance means:
A)The viability of a company to remain in business for the foreseeable future.
B)The rules,systems and processes within companies used to guide and control them.
C)The processes used by a client when finalising the accounts for an accounting period.
D)An intentional act through the use of deception to obtain an unjust or illegal advantage.

Question

Quizplus · Accepted Answer

Corporate governance refers to the rules, systems, and processes within companies that guide and control them. It encompasses the relationships between a company's management, board of directors, shareholders, and other stakeholders. This includes issues related to transparency, accountability, and ethical behavior. Options A, C, and D are not accurate descriptions of corporate governance.

Corporate Governance Means