What role does the principle of transparency play in

Q: Answer-What role does the principle of transparency play in corporate governance?

Disclosure and Transparency The framework should ensure that timely and accurate disclosure is made on all material matters regarding the corporation, including the financial situation, performance, ownership, and governance of the company.

corporate governance?

A Enhancing corporate secrecy Correct Answer Incorrect Answer

B Timely and accurate disclosure Correct Answer Incorrect Answer

C Concealing financial information Correct Answer Incorrect Answer

D Minimizing shareholder involvement Correct Answer Incorrect Answer

E None of these Correct Answer Incorrect Answer

Solution

Disclosure and Transparency : The framework should ensure that timely and accurate disclosure is made on all material matters regarding the corporation, including the financial situation, performance, ownership, and governance of the company.

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