Which of the following make up a governance package?
A) Internal and external mechanisms.
B) Carrots to motivate managers such as stock options.
C) Sticks that may result in CEO and top management team turnover.
D) The market for corporate control.

Question

Quizplus · Accepted Answer

A governance package typically includes both internal and external mechanisms, such as board of directors, shareholders, auditing and reporting standards, and legal regulations. Carrots and sticks may be part of the overall governance framework, but do not constitute a complete package on their own. The market for corporate control is a feature of external governance mechanisms.

Which of the Following Make Up a Governance Package