Corporate Finance Q1

0. Which of the following is the most appropriate definition of corporate governance?

A
A system of defined roles for management and the majority shareholders.
B
A system of checks and balances to minimize the conflicting interests among shareowners.
C
A system of internal controls and procedures by which individual companies are managed.

Answer
Comment
Array

Option : C
Explanation : Corporate governance is the system of internal controls and procedures by which individual companies are managed.

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