Cohen on page 718 of Ch 17 found that there was no clear link between executive pay and management performance

Question

Quizplus · Accepted Answer

Corporate governance and risk management are closely linked as effective corporate governance practices can ensure that risks are identified, assessed, and managed appropriately, thereby reducing the overall level of risk faced by the company. Good governance practices can also help to ensure that management is held accountable for risk management decisions and that the board of directors provides adequate oversight of risk management activities. Conversely, poor governance practices can increase the likelihood of risk events occurring and can make it more difficult for management to effectively respond to risks and crises.

Cohen on Page 718 of Ch 17 Found That There