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Key Elements of Corporate Governance--FINAN 450 (#7)

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cmarquardt94's version from 2017-01-24 04:50

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Question Answer
What does [corporate Governance] refer to?it refers to governing the actions of the corporation and this primarily means monitoring the "C-level" executives (CEO, CFO, COO, CIO, etc.)
Board of Directors?elected by the stockholders, their primary responsibility i oversight of management
What are some other key elements of corporate governance?-shareholders and stakeholders, securities and exchange commission (SEC), outside auditors, Sarbanes-Oxley legislation (SOX or SarBox), and Social Responsibility!
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