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Which of the Following Is the Objective(s)of a Corporate Governance

question 35

Multiple Choice

Which of the following is the objective(s) of a corporate governance system? (i) To ensure that minority shareholders receive reliable information about the value of firms and that a company's managers and large shareholders do not cheat them out of the value of their investments.(ii) To motivate managers to maximise firm value instead of pursuing personal objectives.(iii) To encourage companies to create value,through entrepreneurialism,innovation,development and exploration,and provide accountability and control systems commensurate with the risks involved.


Definitions:

Via The Internet

The process or method of accessing information or services using the internet.

Traveler's Checks

Preprinted, fixed-amount checks designed to allow the person signing it to make an unconditional payment to someone else as a result of having paid the issuer for that privilege.

Deposit Slip

A slip accompanying a bank deposit and containing an itemized list of checks or cash deposited, the date, and the depositor’s signature.

Cash

Money in the form of bills or coins, used as a medium of exchange for goods and services.

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