A privately held company is planning to be listed on the stock exchange and is working on meeting regulatory requirements. After considering an assessment by external consultants, the company has…

The correct answer is C. The board and executive management. According to the ISACA COBIT 2019 official Manual, the board and executive management should be responsible for ensuring stakeholder engagement when a company is planning to be listed on the stock exchange and is working on meeting regulatory requirements. This is because they…

Governance System and Components

Question

A privately held company is planning to be listed on the stock exchange and is working on meeting regulatory requirements. After considering an assessment by external consultants, the company has decided to implement the process 'Ensured Stakeholder Engagement." Who is BEST suited for this responsibility?

Options

ARelationship manager
BChief information officer
CThe board and executive management
DChief information security officer

How the community answered

(19 responses)

A
5% (1)
B
16% (3)
C
74% (14)
D
5% (1)

Explanation

According to the ISACA COBIT 2019 official Manual, the board and executive management should be responsible for ensuring stakeholder engagement when a company is planning to be listed on the stock exchange and is working on meeting regulatory requirements. This is because they are the ones who need to ensure the company is meeting the necessary standards set by the regulatory body and engaging with stakeholders to ensure the company is being transparent and open about its plans. The board and executive management should ensure that all relevant stakeholders are consulted and that their views are taken into account when making decisions about listing the company on the stock exchange.

Topics

#stakeholder engagement#RACI#board accountability#regulatory compliance

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