Advanced Business Vocabulary

1. Corporate governance is the system by which companies are ______.

    manipulated

    controlled

    ignored

2. The board of directors is responsible for ______ corporate governance within an organisation.

    overseeing

    avoiding

    limiting

3. A key principle of corporate governance is ______ decision-making.

    secret

    unilateral

    transparent

4. The role of independent auditors is to ensure financial reports are ______.

    biased

    accurate

    hidden

5. Shareholders have a right to attend the company's annual general meeting to ______.

    avoid tax payments

    change management

    vote on important decisions

6. Good corporate governance helps maintain investor confidence by ensuring ______.

    integrity in reporting

    reduction in wages

    overstaffing

7. One of the key duties of a board member is to ______ the interests of the company’s stakeholders.

    dismiss

    compromise

    represent

8. Poor governance can lead to a loss of ______ among investors and customers.

    trust

    profit

    products