Question
Corporate governance is the system by which organisations are directed and controlled. True False
Answer
4
(214 Votes)
Heulwen
Master · Tutor for 5 years
Answer
True
Explanation
## This question assesses understanding of Corporate Governance. Corporate Governance is described generally as the systems by which companies are directed and managed. The structure, even when applied to non-business organisations, follows a similar structure whereby the governance structure articulates the distribution of responsibilities and rights between various participants within the entity, such as its board, managers and shareholders (where applicable), and determines the guidelines and processes that guide decision-making within the organisation.