Which of the following is/are feature of corporate governance Non-universality Accountability Ambiguity None of the above
Question
Which of the following is/are feature of corporate governance Non-universality Accountability Ambiguity None of the above
Solution
The feature of corporate governance from the options provided is Accountability.
Here's why:
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Non-universality: This is not a feature of corporate governance. Corporate governance principles should be universal for all types of organizations.
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Accountability: This is a key feature of corporate governance. It ensures that all decisions and actions taken by the company's management are accountable to the stakeholders.
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Ambiguity: This is not a feature of corporate governance. In fact, corporate governance aims to eliminate ambiguity and promote transparency in the organization.
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None of the above: This option is incorrect as Accountability is a feature of corporate governance.
So, the correct answer is Accountability.
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