Asked by
Bryce Taylor
on Oct 23, 2024
Verified
When corporate boards of directors are weak or unethical, the government sometimes steps in to try to correct things for the future.
Corporate Boards
Groups of individuals elected by shareholders to oversee the management and make strategic decisions for a corporation.
Government Intervention
A scenario where the government steps into influence, regulate, or directly control economic, social, or other aspects of daily life, often to correct market failures or promote social welfare.
- Understand the role of corporate governance in promoting ethical conduct and social responsibility.
Verified Answer
CC
Learning Objectives
- Understand the role of corporate governance in promoting ethical conduct and social responsibility.
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