• 2022-05-30
    Which of the following is a feature of poor corporate governance?
    A: Domination of the board by a single individual
    B: Critical questioning of senior managers by external auditors
    C: Supervision of staff in key roles
    D: Lack of focus on short-term profitability
  • A

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    • 0

      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.

    • 1

      Which of the following is least likely an indication of good corporate governance practices() A: The board typically supports management decisions. B: The board only acts in the best interest of the shareholders. C: The firm’s operating and financial activities are reported in a timely manner to the shareholders.

    • 2

      Which one of the following is not a characteristic of the long-term orientation? ( ) A: Delays short-term orientation B: Focus on preservance C: Values tradition D: Focus on the future

    • 3

      Which of the following is not one the underlying principles of the corporate governance Combined Code of Practice?( ) A: integrity B: acceptability C: openness D: accountability

    • 4

      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