Indian Polity · Board Oversight and Regulatory Framework
In a corporate governance framework, what is the most likely long-term outcome of increasing independent oversight on a company's board?
- 1Immediate increase in short-term profitability
- 2Complete exemption from external regulatory supervision requirements
- 3Improved investor confidence through strengthened oversight and accountability✓
- 4Complete elimination of promoter influence in day-to-day management
Correct answer
Improved investor confidence through strengthened oversight and accountability
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