Question

Explain how corporate governance monitors and control the managers' decisions

Answer 1

Explanation:

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Answer 2

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❤️Corporate governance monitors : ❤️

↝ It refers to a set of rules, structure and processes put in place to guide and control a company. It involves balancing the relationship of the companies stakeholders. The role of governance is left in the hands of the Board of directors who are elected or appointed by the shareholders during the Annual general meeting.

➣Steps to control the manager's decision :

• Recognise that good governance is not just about compliance. ...
• Clarify the board's role in strategy. ...
• Monitor organisational performance. ...
• Understand that the board employs the CEO. ...
• Recognise that the governance of risk is a board responsibility. ...
• Ensure the directors have the information they need.

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