corporate governance
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
05-Corporate governance mainly helps in reducing operational cost and at the same time increasing revenue so that a positive impact can be seen in the capital market in terms of share price. Apart from that which one of the following is NOT a benefit of good corporate governance?
a. It also provides a close eye on risks, frauds and mismanagement
b. It maintains investors confidence
c. All of the options
d. It doesn't provide any inducement / incentive to the shareholders or managers for their work
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