- CFA Exams
- CFA Level I Exam
- Topic 3. Corporate Issuers
- Learning Module 2. Investors and Other Stakeholders
- Subject 2. Corporate Stakeholders and Governance
CFA Practice Question
The corporate governance system adopted in most of the world typically reflects the influences of either ______ or ______ to a varying extent.
II. employee theory
III. ESG
IV. stakeholder theory
I. shareholder theory
II. employee theory
III. ESG
IV. stakeholder theory
Correct Answer: I and IV
They both consider the needs of shareholders, with the latter extending to a broader group of stakeholders.
User Contributed Comments 2
| User | Comment |
|---|---|
| MathLoser | Hey. You are doing great. Keep studying and you will pass the exam! (It's a bit lonely when there is no comment) |
| jxieed | lol love your user name ^ |