Two Areas in Which Corporate Governance Is Being Reformed Are

question 29

Multiple Choice

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

• A)employee stock options
• B)financial reporting
• C)executive compensation
• D)appointment of CEOs

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Definitions:

Agency Shops

A workplace arrangement where all workers must pay union dues, but membership in the union is not mandatory.

Union Membership

The status of being a member of a labor union, an organization that advocates for the rights and interests of employees in a particular sector or company.

Union Dues

The regular payments made by members of a labor union to support its activities, including negotiations for better working conditions and legal representation.

Labour Relations Activity

The management of relationships between employers and employees, including negotiations, collective bargaining, and dispute resolution.