1. Why should corporate governance be in place?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:ASSIGNMENT
REVIEW
QUEST IONS
Direction: Answer comprehensively the following questions.
1. Why should corporate governance be in place?
2. In a large corporation, what are the two distinct groups that report to the
chief financial officer? Which group is the focus of corporate finance?
3. Would our goal of maximizing the value of the equity shares be different if we
were thinking about financial management in a foreign country? Why or why
not?
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