QUIZ TOPIC 6 BOD

EXECUTIVES DIRECTORS MEANS

• Outside directors

• Insider directors

• Do not work for the company in a full-time capacity

• should not have close family ties with advisers

Dual Board Structure refer to

• The board is the highest governing body

• Consists of executive directors and non executive directors

• Shareholders appoint the members of the supervisory board which consists of non-management members

ROLES OF CHAIRMAN EXCEPT FOR

• providing leadership for the board

• setting the board agenda

• ensure that senior management has the necessary skills and experience

• leading board meetings and discussions

The advantages of small size of board are as below EXCEPT?

• reduce the CEO domination

• Encourage passive directors

• Active board with high level of involvement  in strategic formulation

• Reduce the free riding

Which of the following attributes does NOT contribute to the high performance of the board

• There is no relationship, no connection or circumstances which could affect the director’s judgment

• Outside directors have the capability and independence to monitor the performance of top management

• Restricted to the data about occurrences, events and activities that affect the business.

• Understanding business areas

Elements of directors remuneration EXCEPT

• Salary

• Bonus

• Meeting fees

• Medical benefits