Which of the following is TRUE regarding G20/OECD Principles of Corporate Governance (the Principles)?
A.
The Principles are required to be implemented by all corporations in the jurisdictions that have officially adopted them
B.
The Principles state that an entity's corporate governance framework should discourage active cooperation between corporations and stakeholders in creating wealth.
C.
The Principles are intended to be applicable in developed economies but not in emerging markets.
D.
The Principles state that an entity's corporate governance framework should ensure the equitable treatment of all shareholders.
The G20/OECD Principles of Corporate Governance are international guidelines aimed at enhancing economic efficiency and promoting stable financial systems.
Equitable Treatment of Shareholders:
The principles stress fairness and the protection of all shareholders' rights, particularly minority shareholders, ensuring they are treated equally.
Why D is Correct:
Equitable treatment is a fundamental tenet of the Principles, which strive to maintain trust and integrity in governance practices across jurisdictions.
References for All Questions:
ACFE Fraud Examination Standards.
ISA Standards and International Corporate Governance Best Practices.
G20/OECD Principles of Corporate Governance.
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