Explain the importance of corporate governance to publicly-held company in relation to any interest that it has in being profitable.

Q: corporate social responsibility

A: 1) Corporate social responsibility (CSR) is a term used to describe a company’s efforts to improve…

Q: Which characteristics distinguish a corporation's shareholders from the characteristics of its…

A: Characteristics distinguish a corporation's shareholders from the characteristics of its partners:

Q: Explain what is meant by agency relationships and agency costs. Why management may tend to pursue…

A: Agency Relationship: A fiduciary relationship that involves a principal and an agent is termed as…

Q: Corporate governance is concerned with:

A: Corporate Governance is a set of principles, systems and, processes that make sure that a company is…

Q: What does the law assume is the main Corporate Objective of any corporation? Group of answer…

A: Any corporation is formed which the objective of earning maximum profits for the owners of the…

Q: Which of the following is closest to IFRS 3 Business Combinations definition of control?   A company…

A: In accordance with IFRS 3, the Definition of “control”  An investor controls an investee when the…

Q: Differentiate between closely held and publicly owned corporations.

A: Any business with only a small number of stockholders is a closely held business. Its stocks are…

Q: What are the key characteristics of a corporation? What are some of the advantages and disadvantages…

A: Corporation : A corporation is a legal entity whose investors purchase shares of stock as proof of…

Q: why is it essential for a corporate manager to balance the interests of society and shareholders?

A: Corporate social responsibility or CSR is a type of business model that makes the companies socially…

Q: Define what a corporation is, the types that exist and their characteristics.

A: