- CFA Exams
- Level I 2020
- Study Session 10. Corporate Finance (1)
- Reading 31. Introduction to Corporate Governance and Other ESG Considerations
- Subject 7. Corporate Governance and Stakeholder Management Risks and Benefits
Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Subject 7. Corporate Governance and Stakeholder Management Risks and Benefits PDF Download
From a corporation's perspective, risks of poor governance include:
- weak control systems or inefficient monitoring tools;
- ineffective decision making;
- legal, regulatory, and reputational risks;
- default and bankruptcy risks.
Benefits of effective governance and stakeholder management include:
- better operational efficiency and control brought by effective monitoring tools and control mechanisms;
- better operating and financial performance;
- lower default risk and cost of debt.
Learning Outcome Statements
h. identify potential risks of poor corporate governance and stakeholder management and identify benefits from effective corporate governance and stakeholder management;CFA® Level I Curriculum, 2020, Volume 4, Reading 31
User Contributed Comments 0
You need to log in first to add your comment.
I used your notes and passed ... highly recommended!
Lauren
My Own Flashcard
No flashcard found. Add a private flashcard for the subject.
Add