Corporate governance is the
A) relationship and exercise of oversight by the board of directors of the company.
B) relationship between the chief financial officer and institutional investors.
C) operation of a company by the chief executive officer (CEO) and other senior executives on the management team.
D) governance of the company by the board of directors with a focus on social responsibility.

Question

Quizplus · Accepted Answer

Corporate governance refers to the practices, policies, and procedures that are put in place to direct and manage the operations of a company. It involves the relationship and exercise of oversight by the board of directors of the company, including decision-making, strategic planning, and risk management. The board of directors is responsible for ensuring that the company's management team is acting in the best interests of the company and its shareholders.

Corporate Governance Is the