Having one person holding the position of the CEO and Chairman in a corporation can bring about doubts as to a corporation's governance. O TRUE O FALSE
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- Managers of corporations don’t always takeactions that are in the best interest of the corporation’s owners. What are some of those actions, andhow can corporations structure the managementcontract to help control them?Do you believe that corporate governance is only exercising power over entities by managing them?In a company, having one individual serve as both CEO and Chairman is a good idea. corporation can raise questions about the company's governance.T True FALSE Asap
- Which of the following statements relating to corporate governance is FALSE? The legal environment in which a corporation does business can have a big impact on its decisions. Type I agency problems are more important in widely held companies. (Tick here if you think that none of the other statements is FALSE.) Straight voting is better for minority shareholders than cumulative voting. In a civil law system, judges interpret the law but they cannot change it.The Principal-Agent Problem arises A) because managers have little incentive to work in the interest of shareholders when this means working against their own self-interest. B) because of the separation of ownership and control in a corporation. C) Both A and B D) None of the aboveKindly explain why large corporations have poor disclosures and accountability standards is a major problem of corporate governance?
- The success of any organization heavily depends on the efficiency of the corporate governance. The only way to know the status of success or failure can be found _________________. a. None of the options b. By observing at the number of directors in the board of directors c. By providing a complete internal control report d. By looking at the financial results of the corporationWhich one of the following is not the underlying principles of the corporate governance? Fairness Acceptability Accountability TransparencyExplain why it would be problematic for Company not to comply with good corporate governance principles.
- Agency problems are said to be inherent in the corporate form of an organization. Why do you think this is the case?Do you think agency problems arise in a sole proprietorship or a partnership?What steps would you take to reduce agency problems in a so-called typical corporation?What are some factors that can increase the risk that a corporation does not have a corporate culture that supports ethical decision making? Please explain.Which of the following nature of corporate governance damages the financial stability of the business? O a. It is structured ambiguously. Ob. It is compliant with the formal laws. Oc.it is adhering to the ethical standards. O d. It is adhering the best business practices.