Corporate governance quiz 1

“Corporate governance means that company manages its business in manner that is. accountable and responsible to the shareholders.

Do all public companies have the same structure for corporate governance?

True or False All public companies have the same structure for their corporate governance

Examples of external governance mechanisms are the board of directors, the audit committee, management, internal controls, and internal audit functions

What makes a good corporate governance structure?

(1) Independent and competent board of directors; (2) independent and competent external auditor; (3) objective and competent legal counsel; and (4) objective and competent financial advisors and investment bankers

How does an effective corporate governance structure improve investorconfidence?

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