1.Calum, Heidi and Jonas are managers for Zip Co. They have been told that their salary will be based on company performance and that a bonus scheme will also be introduced. The bonus will also be related to company performance. Which of the following best describes the approach to governance that Zip Co is using?
A Stewardship theory
B Agency theory
C Stakeholder theory (1 mark)
2. Michael has been asked to prepare a presentation for the company directors on good corporate governance. Which one of the following is he likely to exclude from his presentation?
A Risk management
B Internal controls
C Maximising shareholder wealth
D Accountability to stakeholders