Corporate Governance Includes Mechanisms, Such as the Board of Directors

question 32

True/False

Corporate governance includes mechanisms, such as the board of directors, which exist to provide some assurance to equity investors that the management of a company is being held accountable for their actions, thus minimising agency costs.

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Definitions:

Symmetrical

Characterizing a shape or distribution that is evenly balanced around a center point or axis, so that the pattern on one side mirrors the pattern on the other.

Bimodal

Bimodal describes a distribution with two different modes, or peaks, in a frequency distribution chart.

Asymmetrical

Lacking symmetry; not identical on both sides of a central line.

Unimodal

Unimodal refers to a distribution or dataset that has only one mode or peak, representing the most frequent value.