Organizational governance ________.
A) refers to executive governance practices in companies
B) is a system used to govern a corporation so that the interests of corporate owners are protected
C) is a term that refers to legal agreements made between two or more partner firms
D) refers to the negative influence of the corporation in society
E) refers to regulations set by governments to monitor organizations

Question

Quizplus · Accepted Answer

Organizational governance is a system for governing a corporation effectively and efficiently, ensuring that the interests of the corporate owners are protected. It involves defining roles and responsibilities, establishing policies and procedures, and setting clear communication channels that ensure transparency and accountability. It ultimately aims to enhance the organization's overall performance and reputation.

Organizational Governance ________