Question

0:09:08 Sar11h_ch02.09m Which of the following is not a broad key principle of effective corporate governance articulated in the 2010 report of the NYSE? O Independence and betty remessary attributes of board members, however, companies also must strike the right balance in the appointment of expertise, diversity, and knowledge on the board. O b. Sacel corporate governance depends upon successful management of the company because management has the primary responsibility for creating O Effective corporate governance should be wegrated with grificant incentives for top management and viewed as a compliance obligation O d. The boards fundamental objective should be to build long term sustainable growth in shareholder value for the corporation. jo Sarith cho

Answer 1

Effective Corporate Governance needs fair legal framework and impartial regulatory body and its purpose is to complete protection of Stakeholders. Incentives to top management and making these incentives as compliance obligations shall not resulting successful corporate governance. So, Option c is Correct Answer.