Who has defined following concept of corporate governance? "Corporate governance is defined as holding the balance between economic and social goals and between individual common goals. The governance framework is there to encourage the efficient use of resources and equally to require accountability for the stewardship of those resources."
A. K. Keasay
B. Cadbury Committee
C. J. J. Irani Committee
D. Ronald R. Sims
Answer: Option B
Related Questions on Values and Ethics in Management
Which is the element of business ethics?
A. A discipline
B. It is an art and science both
C. Good intention
D. All of the above
A. rules of selling
B. rules of advertising
C. rules of behaviour
D. All of these
A. traditional
B. historical
C. social
D. political
"Ethics deal with the right actions of individuals". Who said this?
A. J. R. Betty
B. D. C. Za ne
C. Peter F. Drucker
D. C. S. Rao

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