Which of the following is recommended to improve corporate governance?
A)Getting directors involved in the day-to-day management issues of the firm.
B)Instituting an employee vote to hire or fire the CEO.
C)Setting up "golden parachutes" for CEOs.
D)Instituting a "cradle-to-grave" conceptualization of all new products.
E)Ensuring that directors are clearly separated in their authority from the CEO.

Question

Quizplus · Accepted Answer

Now more attention is being paid to strengthening corporate governance so that directors are clearly separated in their authority from the CEO.While directors are not supposed to get involved with day-to-day management issues, they are now feeling more pressure from stockholders and others to have stronger financial reporting systems and more accountability.

Which of the Following Is Recommended to Improve Corporate Governance