- CFA Exams
- CFA Level I Exam
- Topic 3. Corporate Issuers
- Learning Module 3. Corporate Governance: Conflicts, Mechanisms, Risks, and Benefits
- Subject 2. Corporate Governance Mechanisms
CFA Practice Question
Corporate governance and stakeholder management frameworks reflect a legal, contractual, ______, and governmental infrastructure that defines the rights, responsibilities, and powers of each group.
A. environmental
B. organizational
C. fiscal
Explanation: The organizational infrastructure refers to internal systems, governance procedures, and practices adopted and controlled by the company in managing its stakeholder relationships.
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