Which of the Following Is Recommended to Improve Corporate Governance

question 48

Multiple Choice

Which of the following is recommended to improve corporate governance?

• A)Getting directors involved in the day-to-day management issues of the firm.
• B)Instituting an employee vote to hire or fire the CEO.
• C)Setting up "golden parachutes" for CEOs.
• D)Instituting a "cradle-to-grave" conceptualization of all new products.
• E)Ensuring that directors are clearly separated in their authority from the CEO.

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Definitions:

Expectancy Model

A psychological theory stating that an individual's motivation is related to their expectation of achieving a desired performance level and the value of the associated reward.

Communication Competency

The ability to effectively convey, receive, and interpret messages and information through verbal and non-verbal means.

Thanks Program

A structured initiative or plan designed to express gratitude or appreciation within an organization or community.

Top Management

The highest level of managers within an organization, responsible for setting strategic goals and making critical decisions.