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corpporate governance is the combinaton of rules, processes and laws by which a company is regulated, operated and controlled that is corporate governance tell this in simple words

Question

corpporate governance is the combinaton of rules, processes and laws by which a company is regulated, operated and controlled that is corporate governance tell this in simple words

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Solution

Corporate governance is like the set of rules for a game. It's how a company is run and managed, making sure everything is done fairly and legally. It's like the rulebook for a company.

Similar Questions

Corporate governance is the set of rules, processes and regulations by which a company/business is organized and controlled that is corporate governance.explain this in simple words

Corporate governance can be defined as: The procedures and processes according to which an organisation is controlled.ATrueBFalseSUBMIT

Corporate governance is best defined as: a. the system of laws and regulations that control corporations. b. the conflict of interest between managers and investors that derives from the separation of ownership and control in a corporation. c. the system that minimizes agency costs between bondholders and stockholders. d. the system that determines who controls and runs a corporation. e. the system of controls, regulations, and incentives designed to prevent fraud and minimize conflicts of interest in a corporation.

In the context of corporate governance, which of the following statements best captures the essence of the term?Group of answer choicesCorporate governance is a blend of both larger, outward-facing mechanisms, such as guiding principles, and more detailed, inward-oriented elements like internal governing rules.Corporate governance only involves the financial operations within a corporation.Corporate governance is solely concerned with the interpersonal relationships amongst the employees.Corporate governance pertains exclusively to the public relations strategies of a corporation.

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

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