Corporate Governance Unit Overview

Front

Explain the key concepts underpinning the study of corporate governance.

Back

The principles of transparency, accountability, and fairness

Front

The focus of the module on corporate governance is: Risk management, Financial reporting, Ethical leadership, All of the above

Back

All of the above

Front

The separation of ownership and control was a central topic of which seminal study?

Back

The Modern Corporation and Private Property

Front

One of the main areas of contention in corporate governance systems is: Board composition, Financial reporting, Shareholder rights, Executive compensation

Back

Executive compensation

Front

Which of the following is a key feature of the modern corporation? Limited liability, Unlimited liability, No liability

Back

Limited liability

Front

Compare the limited liability corporation form with partnership form. Why do you think Adam Smith argued that the partners in a private co-partnery could watch over their investments with much greater vigilance than the owners of joint stock corporations?

Back

Adam Smith believed partners in a private co-partnery had more control over their investments.

Front

The global expansion of the market economy has meant what for large corporations?

Back

Greater market access

Front

Corporations can use their economic and political power according to the passage in the following way: Influencing government policies, Supporting local communities, Reducing environmental impact, Enhancing employee welfare

Back

Influencing government policies

Front

The Bubbles Act of 1720 was a response to: the South Sea Bubble financial crisis, the American Revolution, the French Revolution, the Industrial Revolution

Back

the South Sea Bubble financial crisis