Corporate Governance Refers to

question 4

Multiple Choice

Corporate governance refers to

• A)the way that a company is directed, administered, and controlled at the top.
• B)the company's internal rules governing how members of the board must behave.
• C)the set of national laws concerning the general ways companies are run.
• D)b and c.

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Definitions:

Alienated Follower

An individual who feels estranged or disconnected from leaders and their directives, often resulting in decreased motivation and satisfaction.

Prevailing Conditions

The current or most common circumstances, environments, or situations in a particular area or context.

Andrew Carnegie

A Scottish-American industrialist and philanthropist who led the expansion of the American steel industry in the late 19th century.

John D. Rockefeller

An American industrialist and philanthropist who played a pivotal role in the establishment of the oil industry in the United States.