Which of the Following Is an Important Internal Corporate-Governance Mechanism

question 15

Multiple Choice

Which of the following is an important internal corporate-governance mechanism?

• A) Shareholder capitalism
• B) Board of directors
• C) Market for corporate control
• D) Activist investors

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Definitions:

Top-Down Change

A change management strategy where decisions and initiatives are initiated by the upper management or leadership and then communicated down through the ranks of the organization.

Senior Management

The highest level of management in an organization, responsible for the overall direction and success of the company.

Initiation Of Change

The process of starting to implement actions that will alter the status quo within an organization or system.

Top-Down Change

Organizational change initiatives that are initiated by upper management and imposed on lower levels of the organization, often requiring compliance.