Question:Good corporate governance covers a range of areas.
  Which of the following areas does not constitute a major element of corporate governance?
  A. Remuneration
  B. Relations with shareholders.
  C. The board
  D. Accountability and audit
  E. Relations with creditors and other stakeholders.
  The correct answer is: Relations with creditors and other stakeholders.
  The UK Corporate Governance (and similar codes) deals with board leadership and effectiveness, accountability, remuneration and relations with shareholders.
  It does not deal directly with relations with creditors and other stakeholders.