Corporate governance exam questions and answers pdf

What is corporate governance answer?
Corporate governance is the system by which companies are directed and controlled.
Boards of directors are responsible for the governance of their companies.
The shareholders' role in governance is to appoint the directors and the auditors and to satisfy themselves that an appropriate governance structure is in place..
That's why many governance experts break it down into four simple words: People, Purpose, Process,and Performance.
These are the Four Ps of Corporate Governance, the guiding philosophies behind why governance exists and how it operates.
Let's have a look at exactly what each of the Ps means.

Company Q – Corporate Gouvernance

Corporate Governance 2016 A-Q2-essay (diversity of directors + wage) B-Q2-essay (accountability director big company) 2017A-Q2-essay (div…

2017-A-Q

In attempting to improve the corporate governance of large, public companies, far toomuch attention has been paid to ensuring that boards have suffic…

2016 – A – Q

‘The UK has been very successful in addressing the composition of boards of directors,including the proportion of independent non-executive di…

2017- A-Q

A company’s stakeholders, such as its employees or consumers, can now insist, undersection 172 of the Companies Act 2006, that their interests are given the sa…

2018 – A – Q

‘One of the great strengths of UK company law is that it requires directors to act in theinterests only of the company’s shareholders, rather than the int…

2019 – B – Q

Does UK company law ensure that directors must prioritise the interests ofshareholders? Should it do so? General remarksThis question relates to Chapters 15, …

2019-B-Q

‘The remuneration of directors is out of control. “Remuneration committees” providelittle control over excessive pay. And shareholders have no powers, a…

What are the principles of corporate governance?

Corporate governance Correct

For a corporation to be legitimate, its governance principles must correspond to the will of the general public

Therefore, a corporation must be managed on the principles of corporate governance defi ning the roles of shareholders, directors, and ofi cers/mangers in corporate deci- sion making and accountability

What is a corporation's governance mechanism?

Corporate bylaws Correct

A corporation’s governance mechanism is established by a fi rm’s bylaws, which are a set of internal rules or policies

Bylaws describe the powers of the corporation and the duties and responsibilities of the board of directors and ofi - cers, and how to treat stockholders

What is the main issue in corporate governance?

Separation of ownership from control

Correct

This is the major issue embedded in the structure of modern corporations that has contributed to the corporate governance prob- lem

Stockholders are owners, and the board of directors, ofi cers, and managers control the cor- poration on a day-to-day basis