Corporate governance is "the system by which companies are directed and controlled".

May 29th, 2015
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The main characteristics and features of corporate governance are listed as. Transparency of al the matters, protection of all the present shareholders rights, giving more power and rights to the CEO, accountability, all the rule must be based upon ethics, rules and procedure set in the organization are universally applicable or applied all over the world.

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Corporate GovernanceA(n) _____ is a mechanism established to allow different parties to contribute capital, expertise, and labor, for their mutual benefit.corporationindustrymarketcooperativeWhich of the following isnotone of the five board of director responsibilities?caring for shareholder interestshiring and firing lower-level managerscontrolling, monitoring, or supervising top managementsetting corporate strategy, overall direction, mission or visionAll of the following are basic tasks undertaken by the board of directors in strategic managementexcept:evaluate and influence.monitor.micromanaging.initiate and determine._____ directors are typically officers or executives employed by the corporation.InsideOutsideAffiliatedInternational_____ directors are outsiders who handle the legal or insurance work for the company or are important suppliers.AffiliatedRetiredLeadRetiredOn average, how many directors sit on the board of large publicly-held U.S. firms?711414

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