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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
10 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
10 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
9 months ago
Transparency in reporting can help build trust with stakeholders.
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Owen
10 months ago
Definitely, long term financial sustainability is important for the company's success.
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Lura
10 months ago
I agree, ethics and transparency are key in corporate governance.
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Naomi
10 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
10 months ago
F) To increase transparency in company reporting
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Salena
10 months ago
D) To ensure that a company is run in a legal and ethical manner
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Barbra
10 months ago
A) To ensure that managers have attractive compensation packages
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Celeste
11 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
10 months ago
It's great that we both picked D, E, and F as the objectives of corporate governance.
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Phil
10 months ago
Incentives for managers to pursue long term financial sustainability is key for the company's success.
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Glen
10 months ago
Definitely, ensuring the company is run in a legal and ethical manner is also important.
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Lynda
10 months ago
I agree, transparency is crucial for good corporate governance.
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Eun
11 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
11 months ago
I think F) To increase transparency in company reporting is also an important objective of corporate governance.
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Florinda
11 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
11 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
10 months ago
Having incentives for long term financial sustainability can drive positive outcomes for the company.
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Sanjuana
10 months ago
Transparency is also important for building trust with stakeholders.
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Wenona
11 months ago
I agree, ethics and sustainability are key in corporate governance.
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Moira
10 months agoFiliberto
10 months agoMartin
9 months agoOwen
10 months agoLura
10 months agoNaomi
10 months agoElbert
10 months agoSalena
10 months agoBarbra
10 months agoCeleste
11 months agoCandida
10 months agoPhil
10 months agoGlen
10 months agoLynda
10 months agoEun
11 months agoElena
11 months agoFlorinda
11 months agoMarci
11 months agoWeldon
10 months agoSanjuana
10 months agoWenona
11 months ago