When It Comes to Corporate Governance Many Commentators Have Argued

question 10

Multiple Choice

When it comes to corporate governance many commentators have argued the most important factor is:

• A)Personal ethics.
• B)Strong accounting systems.
• C)Harsh legal penalties.
• D)Codes of practice.

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Definitions:

Intergovernmental Organization

An entity created by treaty, involving two or more nations, to work on issues of common interest or concern at an international level.

Industrial Policies

Strategies and measures adopted by a government to promote the growth and development of specific industrial sectors.

Regulatory Reforms

Changes to laws and regulations intended to improve legal frameworks, often aiming to enhance efficiency, promote transparency, and foster economic growth.

Business Laws

Regulations governing the conduct of businesses, including formation, operations, transactions, and dissolution.