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Corporate governance

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Corporate governance

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by Ken Garrett.
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  • July 11, 2023 at 10:58 pm #687852
    Bikee25
    Participant
    • Topics: 1
    • Replies: 0
    • ☆

    Corporate governance success includes three key groups. Which of the following represents these three groups?a. Suppliers, managers, and customers. b.Board of Directors, executive officers, and common shareholders.c.Suppliers, employees, and customers.d.Common shareholders, managers, and employees

    July 12, 2023 at 6:57 am #687856
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10583
    • ☆☆☆☆☆

    Not sure what ‘success’ means here. However, I don’t think suppliers and customers are closely related to CG, so answers A snd C are out.

    D ignores directors so that can’t be right.

    Therefore, must be B, and these are the people who must be responsible for corporate governance (the way companies are managed and controlled).

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