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.

• A)(ii)only
• B)(iii)only
• C)(i)(iii)only
• D)(i)(ii)(iii)

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Definitions:

Federal Excise Tax

Federal excise tax is a tax imposed by the federal government on the sale of certain goods and services, such as fuel, tobacco, and alcohol, usually levied on the manufacturer or distributor.

Cigarettes

Rolled paper tubes filled with tobacco, designed for smoking, and known for containing nicotine and various harmful substances.

Chronic Kidney Disease

A long-term condition characterized by a gradual loss of kidney function over time.

Glomerular Filtration Rates

A measure of how well the kidneys are filtering waste from the blood, an important indicator of kidney function.