A:
They can provide a wider perspective than executive directors.
B:
They provide reassurance to shareholders.
C:
They may have external experience and knowledge which executive directors do not possess.
D:
They have more time to devote to the role.
举一反三
- The members of the board of directors of a corporation are elected by the: () A: executive management group. B: shareholders. C: creditors. D: debt holders.
- Which of the following statement is not correct for a CEO of a publicly held company? A: CEO is the authority of the company B: CEO is in charge of the entire management organization within a company C: CEO is the highest-ranking executive in a company D: CEO is responsible for the board of directors
- Executive directors are concerned with the day-to-day running of the business.( )
- Generally, a corporation is owned by its A: managers. B: board of directors and shareholders. C: shareholders. D: managers, board of directors, and shareholders.
- Which of the following activities would least likely be an example of good corporate governance() A: Management is allowed to act independently of board of directors. B: The board of directors has decided to hold annual elections. C: The board of directors has decided to conduct a self-assessment.
内容
- 0
Which of the following is NOT a principle of the UK Corporate Governance Code A: There should be a rigorous and transparent procedure for the appointment of new directors to the board B: The board should use the annual general meeting (AGM) to communicate with investors C: The non-executive chairman should decide on the remuneration of all directors D: All directors should receive induction training on joining the board
- 1
Which of the following might be an undesirable trait of a member of the board of directors() A: Experience with the technologies, products, and services the firm offers. B: Positive public statements regarding an individual’s ethical viewpoints. C: Service on the board for more than 10 years.
- 2
The agency problem refers to which of the following situations? A: Shareholders acting in their own short-term interests rather than the long-term interests of the company B: A vocal minority of shareholders expecting the directors to act as their agents and pay substantial dividends C: Companies reliant upon substantial government contracts such that they are effectively agents of the government D: The directors acting in their own interests rather than the shareholders’ interests
- 3
Tony Couchman, a headhunter at Egon Zehnder in London, recalls the board of a large firm with a chief executive who so dominated his directors that they rarely questioned or challenged him.
- 4
Shareholder activism means: A: the level of shareholder activity activity within the stock market generally B: the level of involvement shareholders have in the running of a company C: the likelihood of shareholders bringing unethical directors to accout D: the balance of power between shareholders and directors