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Common governance problems of corporate failures in India are i. Accounting frauds carried out in collusion with statutory auditors ii. Insider trading iii. Fiduciary failure by the board iv. Disproportionate compensation paid to executive board members and senior management.

Correct Answer: i, ii, iii, iv

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Auditing Corporate Governance MCQ: Common governance problems of corporate failures in India are i. Accounting frauds carried out in collusion with statutory auditors ii. Insider trading iii. Fiduciary failure by the board iv. Disproportionate compensation paid to executive board members and senior management. | Extra Education