PRE-FINAL QUIZ (Good Governance)

Governance ensures everyone in an organization follows appropriate and transparent decision-making processes and that the interests of all stakeholders.

• TRUE

• FALSE

Corporate Governance refers to the system of rules, practices, and processes by which a company is directed and controlled.

• TRUE

• FALSE

Corporate Governance encompasses the relationships between a company's various stakeholders, such as shareholders,

management, customers, suppliers, financiers, government, and the community.

• TRUE

• FALSE

The primary goal of corporate governance is to ensure that a company's management acts in the best interests of its

shareholders and other stakeholders, with an emphasis on transparency, accountability, and responsible decision-making.

• TRUE

• FALSE

Corporate governance, as the name suggests, is all about governing or controlling companies. It establishes a system of rules and practices aiming to enhance a company's short-term value.

• TRUE

• FALSE

Corporate governance specifies the rules that guide how a company should be managed.

• TRUE

• FALSE

Strong corporate governance is essential for building trust among investors and the private, promoting transparency and

ethical practices.

• TRUE

• FALSE

Good corporate governance offers numerous benefits, including transparent rules and controls.

• TRUE

• FALSE

The global view of corporate governance is the same, reflecting the particular cultural, legal, and economic circumstances of each nation.

• TRUE

• FALSE

Best practices are promoted by international standards and organizations, and global governance is increasingly shaped by

Environmental, Social and Governance (ESG) factors and shareholder neutralism.

• TRUE

• FALSE