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Which of the following is/are feature of corporate governance Non-universality Accountability Ambiguity None of the above

Question

Which of the following is/are feature of corporate governance

  • Non-universality
  • Accountability
  • Ambiguity
  • None of the above
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Solution

The feature of corporate governance from the options provided is Accountability.

Here's why:

  1. Non-universality: This is not a feature of corporate governance. Corporate governance principles should be universal for all types of organizations.

  2. Accountability: This is a key feature of corporate governance. It ensures that all decisions and actions taken by the company's management are accountable to the stakeholders.

  3. Ambiguity: This is not a feature of corporate governance. In fact, corporate governance aims to eliminate ambiguity and promote transparency in the organization.

  4. None of the above: This option is incorrect as Accountability is a feature of corporate governance.

So, the correct answer is Accountability.

This problem has been solved

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