• 2022-05-30
    Which of the following are advantages of having non-executive directors on the company board?
    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.

















  • A,B,C

    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