CMA Sri Lanka SL4 Corporate Governance & Ethics Exam Practice Questions - CMA Sri Lanka SL4 Corporate Governance & Ethics Exam

Which of the following best describes the primary objective of corporate governance?

To maximize short-term profits for shareholders. To ensure the efficient and ethical operation of the company in the long-term interests of shareholders and other stakeholders. To comply with all national and international tax regulations. To prevent all forms of financial risk within the organization.

Correct Answer:

To ensure the efficient and ethical operation of the company in the long-term interests of shareholders and other stakeholders.

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