Vidyalelo
Management · Q56

Strategic Management

Graduate and Post Graduate · Management · question 56

Q56

Corporate governance is concerned with:

A.
Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures
Answer
B.
Elections to the board of directors
C.
Relationships with national governments
D.
Corporate-level strategy

Answer: Option A

Solution

Answer: Option A
Solution:
Corporate governance is concerned with Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures. Corporate Governance refers to the way in which companies are governed and to what purpose. It identifies who has power and accountability, and who makes decisions. It is, in essence, a toolkit that enables management and the board to deal more effectively with the challenges of running a company.