• 2022-06-14
    A board of directors is most likely to protect the shareholders’ interests when:()
    A: the board requires that management attend all meetings.
    B: the board includes representatives from the firm’s key customers and suppliers.
    C: one individual can be identified as the leading board member from outside the firm.
  • C

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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

      Generally, a corporation is owned by the (). A: Managers B: Board of Directors C: Shareholders D: All of the above

    • 2

      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.

    • 3

      The chairman made a ( ) on the firm’s investment abroad to the board of directors.

    • 4

      M: I’d like to stay two nights, please.W: Do you want full board or half board’M: What’s the differenceW: Full board includes all meals and half board just includes breakfast and dinner. What does half board include(). A: Breakfast and lunch. B: Breakfast and dinner. C: All meals.