Two Areas in Which the Corporate Governance Is Being Reformed

question 22

Multiple Choice

Two areas in which the corporate governance is being reformed are the role of boards of directors and ________.

• A) awarding of employee stock options
• B) executive compensation
• C) upper management
• D) financial reporting

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Definitions:

Red Bone Marrow

The soft, spongy tissue inside bones that produces blood cells.

Hydrostatic Skeleton

Of soft-bodied invertebrates, a fluid-filled chamber that contractile cells exert force on.

Sea Anemones

Marine, predatory animals of the order Actiniaria; they are notable for their colorful appearance and a body structure similar to a flower.

Anal Sphincter

A ring of muscle surrounding the anus that helps control the passage of feces out of the body by contracting and relaxing.