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Exam CIMAPRA17-BA1-1 Topic 1 Question 98 Discussion
CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 98 Discussion
Actual exam question for CIMA's CIMAPRA17-BA1-1 exam
Question #: 98
Topic #: 1
[All CIMAPRA17-BA1-1 Questions]
Which THREE of the following are objectives of corporate governance?
A
To ensure that managers have attractive compensation packages
B
To implement clear career progression routes for employees
C
To ensure that customers' needs are addressed
D
To ensure that a company is run in a legal and ethical manner
E
To implement incentives for managers to pursue long term financial sustainability
F
To increase transparency in company reporting
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Suggested Answer:
D, E, F
by
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Sep 13, 2024, 03:04 PM
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Moira
2 months ago
D, E, and F are the obvious choices here. Although, I do have to chuckle at the idea of giving managers 'attractive' compensation packages. Isn't that just part of the problem sometimes?
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Filiberto
2 months ago
I'm going to have to go with D, E, and F. Ethical and transparent operations are crucial for any well-run company.
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Martin
27 days ago
Transparency in reporting can help build trust with stakeholders.
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Owen
2 months ago
Definitely, long term financial sustainability is important for the company's success.
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Lura
2 months ago
I agree, ethics and transparency are key in corporate governance.
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Naomi
2 months ago
D, E, and F for sure. Attracting top talent with compensation packages (A) is important, but not the main goal of corporate governance.
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Elbert
1 months ago
F) To increase transparency in company reporting
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Salena
2 months ago
D) To ensure that a company is run in a legal and ethical manner
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Barbra
2 months ago
A) To ensure that managers have attractive compensation packages
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Celeste
3 months ago
Hmm, I'm going with D, E, and F as well. Can't forget about transparency in reporting - that's key for good corporate governance.
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Candida
2 months ago
It's great that we both picked D, E, and F as the objectives of corporate governance.
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Phil
2 months ago
Incentives for managers to pursue long term financial sustainability is key for the company's success.
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Glen
2 months ago
Definitely, ensuring the company is run in a legal and ethical manner is also important.
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Lynda
2 months ago
I agree, transparency is crucial for good corporate governance.
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Eun
3 months ago
I agree with Florinda. Another objective could be E) To implement incentives for managers to pursue long term financial sustainability.
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Elena
3 months ago
I think F) To increase transparency in company reporting is also an important objective of corporate governance.
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Florinda
3 months ago
I think objectives of corporate governance include D) To ensure that a company is run in a legal and ethical manner.
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Marci
3 months ago
D, E, and F seem like the clear objectives to me. Gotta make sure the company is ethical and sustainable!
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Weldon
2 months ago
Having incentives for long term financial sustainability can drive positive outcomes for the company.
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Sanjuana
2 months ago
Transparency is also important for building trust with stakeholders.
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Wenona
2 months ago
I agree, ethics and sustainability are key in corporate governance.
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Moira
2 months agoFiliberto
2 months agoMartin
27 days agoOwen
2 months agoLura
2 months agoNaomi
2 months agoElbert
1 months agoSalena
2 months agoBarbra
2 months agoCeleste
3 months agoCandida
2 months agoPhil
2 months agoGlen
2 months agoLynda
2 months agoEun
3 months agoElena
3 months agoFlorinda
3 months agoMarci
3 months agoWeldon
2 months agoSanjuana
2 months agoWenona
2 months ago