Basics of Corporate Governance

Who coined the term Corporate Governance?

• Peter Drucker

• Bob Cooper

• Philip Kotler

• Bob Tricker

Which of the following is not a reason for poor corporate governance?

• Greed of managers/ corporates/ investors

• Lack of questioning culture in boardroom

• Accountability

• Laid-back attitude of investors

All employees in public sector organization are involved in corporate misgovernance

• True

• False

All employees in private sector organizations engage in corporate misgovernance

• True

• False

Initiative for better corporate governance in India came from which industry association?

• INDIAN BANKS ASSOCIATION

• CONFEDERATION OF INDIAN INDUSTRY

• INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY

• SECURITIES AND EXCHANGE BOARD OF INDIA

Managing and governing is the same

• True

• False

Which of the following statements about board of directors is true?

• Executive directors have more power than non executive directors

• Non - Executive directors have more power than executive directors

• Both non - executive directors and executive directors have same power

• None of the above is true

Who runs the company operations for large companies?

• Shareholders

• External auditors

• Board of Directors

• Stakeholders

Corporate governance is same as corporate social responsibility

• True

• False

What are the principles of Corporate Governance?

• Integrity & Fairness

• Transparency & disclosures

• Accountability & Responsibility

• All of the above