The relationship between the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy and rule of law is known as:

a. code of ethics.
b. corporate leadership.
c. corporate responsibility.
d. corporate governance.

Option D

Explanation: From the write up above, the statement of rule of law is what introduce governance into the fact of the write up.

Option A refers to code of ethics which involves the employees and from the passage the employees are not in association , which rules out option A,

Option B, cooperate leadership only explains the responsibilities managers ,supervisors and stakeholder must exhibit in there jobs to achieve the goals of the company which is not what the passage is referring to.

Option C ,refers to cooperate responsibility which is the responsibility the company has to the outer world, it is the responsibility of the company to contribute to the development of the society they are involved. This is not related to the main point of the passage and option is cancelled.

Option D, which is best chance because of the statement of rule of law, and policies that only the stake holders, managers and board of directors are only involved. This option is the best fit to the question.

Option C is the answer.

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explanation:

what terms are there?