Vidyalelo
Commerce · Q943

Financial Management

Graduate and Post Graduate · Commerce · question 943

Q943

Set of rules consisting of behavior towards its directors, creditors, shareholders, competitors and community is considered as

A.
agency governance
B.
hiring governance
C.
corporate governance
Answer
D.
external governance

Answer: Option C

Solution

Answer: Option C
Solution:
Set of rules consisting of behavior towards its directors, creditors, shareholders, competitors and community is considered as corporate governance. Corporate governance is the combination of rules, processes or laws by which businesses are operated, regulated or controlled.