The Primary Objective of Corporate Governance Is To

question 9

Multiple Choice

The primary objective of corporate governance is to:

• A)determine and control the direction, but not the performance, of an organisation
• B)ensure that the interests of top-level managers are aligned with the interests of shareholders
• C)lobby legislators to pass laws that are aligned with the organisation's interests
• D)resolve conflicts among corporate employees

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Definitions:

Reasonable Standard Of Care

The degree of caution and concern an ordinarily prudent and rational person would use in similar circumstances.

Societal Need

Essential requirements that are necessary for the well-being and functioning of society as a whole.

Expectations

Expectations refer to the beliefs or forecasts about future events or outcomes, often based on past experiences or evidence.

Justice

The principle of fairness and moral rightness in the treatment of individuals, especially in the administration of laws.