Which of the Following Broad Topics Is NOT Identified as an Area

question 23

Multiple Choice

Which of the following broad topics is NOT identified as an area to be established as good corporate governance practice by the Organization for Economic Cooperation and Development (OECD) ?

• A) protect the rights of shareholders
• B) disclosure and transparency
• C) the proper role of stakeholders in the governance of the firm
• D) All of the above should be a concern of good corporate governance.

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Definitions:

English Auction

An English auction is a common type of auction where bidders openly bid against each other, with each subsequent bid higher than the previous one, until the highest bid is reached, and the item is sold to the highest bidder.

Reservation Price

The highest amount of money a buyer is comfortable spending on a product or service, representing their limit before withdrawing from a transaction.

Expected Revenue

The predicted amount of money that a business will bring in from its operations or activities, typically within a certain period.

English Auction

A method of auctioning in which bidders publicly submit increasingly higher bids until no higher bid is offered, and the highest bidder wins the item.