n relation to Corporate Governance, select the most accurate statement: Corporate Governance refers to... Select one: 1.the need for companies to be managed in a way that is transparent, and ensure accountability for wrongdoings   2.All of the above   3.the need to shift the focus of corporate behaviour, from being purely focused on protecting the interests of company shareholders, to ensuring protective measures are taken to benefit all stakeholders of the company   4.None of the above   5.the way companies are directed and managed to ensure that companies are controlled in a manner that most efficiently protects and promotes the interests of their participants

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

In relation to Corporate Governance, select the most accurate statement:

Corporate Governance refers to...

Select one:
1.the need for companies to be managed in a way that is transparent, and ensure accountability for wrongdoings
 
2.All of the above
 
3.the need to shift the focus of corporate behaviour, from being purely focused on protecting the interests of company shareholders, to ensuring protective measures are taken to benefit all stakeholders of the company
 
4.None of the above
 
5.the way companies are directed and managed to ensure that companies are controlled in a manner that most efficiently protects and promotes the interests of their participants
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON