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Examveda

Set of rules consisting of behavior towards its directors, creditors, shareholders, competitors and community is considered as

A. agency governance

B. hiring governance

C. corporate governance

D. external governance

Answer: Option C

Solution(By Examveda Team)

Set of rules consisting of behavior towards its directors, creditors, shareholders, competitors and community is considered as corporate governance. Corporate governance is the combination of rules, processes or laws by which businesses are operated, regulated or controlled.

This Question Belongs to Commerce >> Financial Management

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