Question

Corporate governance is important to nations because: a. firms seek to invest in nations with national governance standards that are acceptable to them. b. the United States requires that other nations adopt its governance practices. c. shareholders want large stock returns. d. company boards have lobbied for strong governance.

Answer 1

Answer:

Firms seek to invest in nations with national governance standards that are acceptable to them.

Explanation:

Corporate governance involves the way a company is been controlled by the owners or board of directors. It involves the rules by which workers abide and the hierarchy of workers.

Corporate governance is important to nations because in most cases it is the owners of a company that decide which country to invest in, and in most cases the investors critically check if the country has a suitable governing atmosphere for their business to run smoothly in.