Which of the following statements is TRUE regarding the corporate governance requirements that XYZ is subject to?

XYZ. Inc. is a publicly traded, multi-national corporation.

Which of the following statements is TRUE regarding the corporate governance requirements that XYZ is subject to?
A . XYZ must comply with the various laws and regulations in the countries in which it operates
B. XYZ is subject to the Universal Corporate Governance Act because it is a publicly traded corporation.
C. XYZ is required to comply with G20’OECD Principles of Corporate Governance.
D. XYZ is not required to comply with any corporate governance requirements because it operates in multiple jurisdictions

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Answer: A