Question 1 (i) Which of the following statement is more apprpriate concering a two tier board? A. The management board is led by the chairman. B. Members of the supervisory board form part of the Audit Committee C. The CEO reports to the shareholders. D. The management board comprises of only executive directors. (ii) Example of economic stakeholders are: A. Customers, suppliers, bank and other debt holders. B. The board members. C. Shareholders and employees D. Any stakeholder who has a direct or indirect stake in the company. (iii) Accoring to managerial definition of corporate governance, the role of the board is to: A. Accountable to all shareholders. B. To serve management. C. Ensure the interest of everyone is protected D. Do what is best for the corporation
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Question 1
(i) Which of the following statement is more apprpriate concering a two tier board?
A. The management board is led by the chairman.
B. Members of the supervisory board form part of the Audit Committee
C. The CEO reports to the shareholders.
D. The management board comprises of only executive directors.
(ii) Example of economic stakeholders are:
A. Customers, suppliers, bank and other debt holders.
B. The board members.
C. Shareholders and employees
D. Any stakeholder who has a direct or indirect stake in the company.
(iii) Accoring to managerial definition of corporate governance, the role of the board is to:
A. Accountable to all shareholders.
B. To serve management.
C. Ensure the interest of everyone is protected
D. Do what is best for the corporation
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