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CIMAPRA17-BA1-1 Exam - Topic 1 Question 98 Discussion

Which THREE of the following are objectives of corporate governance?
D) To ensure that a company is run in a legal and ethical manner and E) To implement incentives for managers to pursue long term financial sustainability and F) To increase transparency in company reporting
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

CIMAPRA17-BA1-1 Exam - 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?

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Suggested Answer: D, E, F

by Shawnda at Sep 13, 2024, 03:04 PM

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Lemuel
8 months ago
I thought career progression was more about HR, not governance?
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Natalie
8 months ago
Yes, E is super important for long-term success!
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Tammara
8 months ago
Wait, are we really prioritizing manager pay over ethics?
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Ammie
8 months ago
Totally agree, D and F are key objectives!
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Ronna
9 months ago
Corporate governance focuses on ethical management and transparency.
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Elden
9 months ago
I think C is important for customer relations, but it doesn't seem to fit with the core objectives of governance like D and F do.
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Nieves
9 months ago
I feel like A and B are more about employee management rather than governance objectives, but I could be wrong.
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Arthur
9 months ago
I remember discussing how corporate governance focuses on long-term sustainability, so E might be one of the answers.
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Adell
9 months ago
I think corporate governance is mainly about ensuring ethical practices, so D and F seem right to me, but I'm not sure about the third one.
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Kimberely
9 months ago
Okay, let's see here. I think the key things are making sure the company is run properly, with accountability and transparency. Stuff like ensuring ethical behavior and long-term financial health seem like they'd be top priorities.
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Daisy
9 months ago
Hmm, I'm a bit unsure about this one. I know corporate governance is important, but I'm not totally clear on all the specific objectives. I'll have to think carefully about which options best fit.
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Tomas
9 months ago
This seems straightforward - I'll focus on the key objectives of corporate governance like ensuring legal/ethical conduct, transparency, and long-term sustainability.
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Erin
10 months ago
This is a good question to test our understanding of corporate governance. I'll review the options and try to identify the 3 that most clearly align with the core objectives, like protecting shareholder interests and promoting responsible management.
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Moira
2 years 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 years 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
2 years ago
Transparency in reporting can help build trust with stakeholders.
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Owen
2 years ago
Definitely, long term financial sustainability is important for the company's success.
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Lura
2 years ago
I agree, ethics and transparency are key in corporate governance.
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Naomi
2 years 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
2 years ago
F) To increase transparency in company reporting
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Salena
2 years ago
D) To ensure that a company is run in a legal and ethical manner
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Barbra
2 years ago
A) To ensure that managers have attractive compensation packages
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Celeste
2 years 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 years ago
It's great that we both picked D, E, and F as the objectives of corporate governance.
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Phil
2 years ago
Incentives for managers to pursue long term financial sustainability is key for the company's success.
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Glen
2 years ago
Definitely, ensuring the company is run in a legal and ethical manner is also important.
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Lynda
2 years ago
I agree, transparency is crucial for good corporate governance.
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Eun
2 years 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
2 years ago
I think F) To increase transparency in company reporting is also an important objective of corporate governance.
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Florinda
2 years 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
2 years 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 years ago
Having incentives for long term financial sustainability can drive positive outcomes for the company.
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Sanjuana
2 years ago
Transparency is also important for building trust with stakeholders.
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Wenona
2 years ago
I agree, ethics and sustainability are key in corporate governance.
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