Corporate Governance – Key Players

Corporate Governance – Key Players

University

10 Qs

quiz-placeholder

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Corporate Governance – Key Players

Corporate Governance – Key Players

Assessment

Quiz

Education

University

Medium

Created by

Bob Hehe

Used 33+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main responsibility of the Board of Directors?

Day-to-day operations

Financial auditing

Strategic oversight and monitoring

Customer service

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are considered the actual owners of a corporation?

Board of Directors

Government

Shareholders

Creditors

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Senior Management is responsible for developing corporate governance laws.

True

False

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The principle of _________ means each share owned gives the right to one vote in shareholder decisions.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The principle of _________ means each share owned gives the right to one vote in shareholder decisions.

Equal value

One share, one vote

Proportional representation

Corporate independence

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a fiduciary duty of the Board of Directors?

Duty of care

Duty of loyalty

Duty of profitability

Duty to act in good faith

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Shareholders have the right to remove board members through legal action.

True

False

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