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UGM June 2019 Q65

0. Assertion (A): Corporate governance is an important instrument of investor protection.
Reason (R): Strong corporate governance is indispensable to resilient and vibrant capital markets. Which one of the following options is correct?

  • Option : A
  • Explanation : According to the Report of Kumar Mangalam Birla Committee on Corporate Governance constituted by SEBI, “Strong Corporate Governance is indispensable to resilient and vibrant capital markets and is an important instrument of investor protection.
    It is the blood that fills the veins of transparent corporate disclosure and high-quality accounting practices. It is the muscle that moves a viable and accessible financial reporting structure.
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