Which ethical standard primarily addresses member compliance regarding corporate governance issues?

The ethical standard that primarily addresses member compliance regarding corporate governance issues is centered on the principles of loyalty, prudence, and care. This standard emphasizes the importance of acting in the best interests of clients and stakeholders while ensuring transparency and integrity in decision-making processes. In the context of corporate governance, members are required to exercise good judgment and responsible management, which includes adhering to established policies and regulations.

Adopting loyalty, prudence, and care means members must not only act with honesty but also strive to protect the interests of the entities they serve. Compliance with corporate governance relates to the obligation of members to ensure their actions align with the ethical expectations and legal requirements imposed on organizations, thereby fostering trust and accountability within the corporate structure.

The other options represent important ethical aspects but do not directly target corporate governance issues in the same way. For instance, avoiding or disclosing conflicts focuses on personal integrity in decision-making, while referral fees pertain more to financial arrangements and relationships. Disclosure of material information is critical for transparency but does not encapsulate the broader responsibilities tied to governance standards as effectively as loyalty, prudence, and care do.