Knowee
Questions
Features
Study Tools

TipsGet tips through StudyGPTQuestion textCorporate governance keeps roles of ________ and management.a.customersb.employeec.shareholdersd.owners

Question

Corporate governance keeps roles of ________ and management.

a. customers
b. employee
c. shareholders
d. owners

🧐 Not the exact question you are looking for?Go ask a question

Solution

The correct answer is c. shareholders.

Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community.

However, the primary roles that corporate governance keeps distinct are those of the shareholders and management. Shareholders are the owners of the company and they elect the board of directors to oversee the management and ensure that their interests are protected. On the other hand, the management runs the day-to-day operations of the company.

So, the roles that corporate governance keeps distinct are those of the shareholders and management.

This problem has been solved

Similar Questions

TipsGet tips through StudyGPTQuestion textCorporate governance keeps roles of ________ and management.a.customersb.employeec.shareholdersd.owners

Good corporate governance involves a __________ to run businesses in a legal manner.a.decisionb.requirementc.commitmentd.plan

Which of the following are not considered as Internal stakeholder?a.Office assistantb.CEOc.Investord.Sales manager

Who is called the 'Trustee of the company'?a) Shareholderb) Partnerc) Directord) Promoter

__Directors are the major stakeholders of the company. A. External B. Independent C. Family D. Internal

1/2

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.