Corporate Governance

question 26

Multiple Choice

Corporate governance:

• A) can be defined as the actions of a firm to benefit society beyond the requirements of the law and the direct interests of the firm.
• B) seeks to serve society's interests by focusing on social, political, and economic issues such as poverty, social justice, education, health, and the environment.
• C) can be defined as the system by which business corporations are directed and controlled.
• D) can be defined as development that meets humanity's needs without harming future generations.

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Definitions:

Conscientiousness

A personality trait characterized by organization, dependability, discipline, and a strong sense of duty.

Openness

A personality trait that involves the willingness to experience new ideas, activities, and thoughts without resistance.

Conditions Of Worth

The conditions under which individuals judge themselves worthy of the positive regard of others, as proposed by Carl Rogers in his theory of personality.

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of free will, self-actualization, and psychological health.