Corporate governance is
A)a technique for costing in service organisations.
B)a development of budgeting and standard costing.
C)at a minimum, being concerned with protecting the interests of the suppliers of capital.
D)another name for local government management.

Question

Quizplus · Accepted Answer

Corporate governance is concerned with how companies are governed and managed. At a minimum, it involves protecting the interests of shareholders and other providers of capital, and ensuring that the company is run in a responsible and ethical manner. It goes beyond just financial performance and includes issues such as transparency, accountability, and stakeholder engagement. Therefore, option C is the correct answer. Option A is cost accounting, option B is standard costing and budgeting, and option D is about management of local government which is not related to corporate governance.

Corporate Governance Is