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What Is the Purpose of the Organisation for Economic Co-Operation

Question 32

Multiple Choice

What is the purpose of the Organisation for Economic Co-operation and Development's (OECD) Corporate Governance Principles?


A) To override individual countries' practices and implement identical policies throughout the forum's members
B) To formulate minimum standards of fairness, accountability, transparency, and responsibility in business practice
C) To place most of the responsibility for corporate governance on the company's managers
D) To outline an optimal system of corporate governance techniques that every developed country should strive to duplicate
E) To ensure the members of boards of directors are carefully selected to protect the interests of all stakeholders

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