Corporate governance is most likely to occur when:
A) a board of directors holds the top management accountable for organizational performance.
B) minority members are denied the full benefits of organizational membership.
C) the traditional top-down "do as I say" form of management prevails.
D) top managers guide the performance of an organization as a whole.
E) team leaders report to middle managers about the performance of the nonmanagerial workers.

Question

Quizplus · Accepted Answer

Corporate governance involves the system of rules, practices, and processes by which a company is directed and controlled. This includes the role of the board of directors in holding top management accountable for organizational performance. Option B refers to discrimination and is unrelated to corporate governance. Option C describes an outdated management style and does not necessarily involve governance. Option D is a broad statement that could apply to any form of management, including one with poor governance practices. Option E describes a specific reporting structure but does not address governance.

Corporate Governance Is Most Likely to Occur When