pyq/2013/csat/4

According to the passage given above, which of the following is/are the major benefit(s) of good corporate governance?

1. Good corporate governance leads to an increase in the share price of the company.

2. A company with good corporate governance always increases its business turnover rapidly.

3. Good corporate governance is the main criterion for foreign institutional investors when they decide to buy a company.

Select the correct answer using the codes given below:

(A) 1 only

(B) 2 and 3 only

(C) 1 and 3 only

(D) 1, 2, and 3