What are the four pillars of corporate governance?
A) Respect, accountability, fairness and transparency.
B) Responsibility, accountability, firmness and transparency.
C) Responsibility, accountability, fairness and transparency.
D) Respect, accountability, firmness and transparency.

Question

Quizplus · Accepted Answer

Responsibility, accountability, fairness, and transparency are the four key pillars of corporate governance. Responsibility refers to the duty of corporate entities to comply with the laws, regulations, and standards of conduct. Accountability refers to the expectation that companies are answerable to their stakeholders, including shareholders, employees, customers, and communities. Fairness refers to the equitable treatment of all stakeholders, while transparency refers to the openness and clarity in decision-making, performance, and reporting.

What Are the Four Pillars of Corporate Governance