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1. Among the factors that led to the Credit Suisse crisis:
A) All of the above.
B) Leaders staying without change for long periods.
C) Continuous change at the leadership level.
2. The board of directors' reality on the ground shows that a large number of countries around the world have established rules and regulations for this committee.
A) The Nominations Committee
B) The Remuneration Committee
C) The Review Committee
3. The Sarbanes-Oxley Act was issued by the U.S. government, and one of its positive effects is:
A) Reducing risks when detecting violations at the appropriate time.
B) Protecting shareholders from the transgressions of the board of directors.
C) Enhancing the role of management and external auditors in the process of preparing financial statements.
4. It is permissible to re-elect the same members of the board of directors at the end of the current board's term, unless:
A) This contradicts the opinion of the governance committees.
B) This contradicts the opinion of the audit committee.
C) This contradicts the company's basic regulations.
5. Reducing conflicts of interest between the General Assembly, the Board of Directors, and the executive managers is:
A) One of the results of the availability of internal and external factors affecting corporate governance.
B) One of the results of the availability of internal factors affecting corporate governance.
C) One of the results of the availability of external factors affecting corporate governance.
Solutions:
Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: A |
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