Corporate Governance Is All of the Following EXCEPT

question 140

Multiple Choice

Corporate governance is all of the following EXCEPT:

• A) mechanisms used to determine and control the strategic direction and performance of organizations.
• B) a means to establish and maintain harmony between owners and top managers whose interests may conflict.
• C) ensuring that top managers' interests are aligned with the interests of stockholders.
• D) resolve conflicts among corporate employees.

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Definitions:

Securities Act of 1933

A U.S. law enacted to ensure more transparency in financial statements so investors can make informed decisions about investments.

Securities Exchange Act of 1934

A U.S. federal law regulating the secondary trading of securities (stocks, bonds, and debentures) to protect investors against malpractice.

White-collar Crime

Non-violent crime committed typically by individuals in professional roles for financial gain, involving deceit or violation of trust.

Disclosure

Disclosure involves the act of making information or data known or public, especially information that was previously unknown or kept confidential.