Corporate Governance Is

question 19

Multiple Choice

Corporate governance is:

• A)The way a firm is organized
• B)The way a firm makes decisions
• C)The system by which the top management of a firm is directed and controlled
• D)The way a firm appoints and replaces its CEO

---

Definitions:

Acquirer

A company or individual that purchases another company, typically in the context of mergers and acquisitions.

Voting Shares

Shares that give the shareholder voting rights in company decisions, typically one vote per share.

Consolidated Financial Statements

Combined financial reporting documents that present the overall financial status of a parent company and its subsidiaries as a single entity.

Voting Rights

The rights of shareholders to vote on company matters, such as electing directors or approving major corporate actions.