. Describe the relation between the board of directors and management in corporate governance.  b. Describe the role of the board of directors in dealing with corporate governance issues.

SBUs or divisions, in not- for-profit organizations, tend to be more loosely affiliated to the parent body than in for-profit companies - true or false

75) a positive view of the Board of directors include: a) The board plays an active role in monitoring the implementation of the firms strategy b) Keeping management interests aligned with those of stockholders c) Both A and B d) Neither A nor B

Shareholders have numerous ways they can pressure firms to change their behavior – one of which is shareholder proposals. Shareholder activists use proposals to pressure firms in a variety of areas. Choose a company that you would like to see change their practices or strategy in some way. In the form of a letter, write a brief proposal outlining your request to the company (this should be addressed to the company leaders/board of directors).

Corporate governance is a critical aspect of management that encompasses the systems, processes, and structures by which companies are directed and controlled. It involves defining the roles and responsibilities of various stakeholders, including shareholders, board members, executives, and management, to ensure transparency, accountability, and ethical behavior. Effective corporate governance helps mitigate risks, safeguard stakeholders' interests, and enhance the long-term value of the organization. It also contributes to building trust and credibility with investors, customers, employees, and the wider community. Key principles of corporate governance include integrity, fairness, transparency, and accountability, which guide decision-making and promote sustainable business practices.   Question: How can companies ensure transparency and accountability in their corporate governance practices?

What are some of the best practices for good corporate governance?

If a company were to combine the roles of chairman and CEO, what concerns would  the organization have in relatito effective corporate governance?