The Internal Relationship Between Shareholders,the Board of Directors and the Managers

question 72

Multiple Choice

The internal relationship between shareholders,the board of directors and the managers of a company is called:

• A) agency theory.
• B) corporate governance.
• C) commercial theory.
• D) organisational governance.

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Definitions:

Disenfranchise

The revocation of the right to vote or other rights of citizenship, often affecting specific populations or groups.

Convicted of Felonies

Refers to individuals who have been found guilty by a court of law for committing crimes considered severe.

Poll Taxes

A tax levied on an individual as a prerequisite for the right to vote, historically used to prevent African American voters from exercising their voting rights.

Social Institutions

Established systems of social order that structure society, such as family, education, religion, and the economy.