CORPORATE GOVERNANCE MECHANISMS

What is the main purpose of corporate governance mechanisms?

• Increase profits only

• Ensure accountability, transparency, and ethical conduct

• Ensure management autonomy

• Minimize employee turnover

Which of the following is NOT a key corporate governance mechanism?

• Executive Compesation

• Shareholder Rights

• Marketing Strategy

• Board of Directors

Which mechanism safeguards assets and ensures accurate financial reporting?

• Board Composition

• Internal Controls

• Shareholder Voting

• Executive Bonuses

Who on the board provides independent advice and oversight?

• Executive Directors

• Chairperson

• Non-Executive Directors

• Company Secretary

What is the typical number of directors on a company board?

• 5-15

• 2-5

• 10-20

• 20-25

Which of the following is NOT a type of risk mentioned?

• Environmental Risk

• Financial Risk

• Operational Risk

• Strategic Risk

Which internal control element prevents fraud and ensures accuracy

• Legal Compliance

• Executive Pay

• Segregation of Duties

• Shareholder Voting

Failing to adapt to market changes is an example of:

• Reputational Risk

• Financial Risk

• Legal Risk

• Strategic Risk

Which Malaysian act governs company formation and governance?

• Financial Services Act 2013

• Companies Act 2016

• Sarbanes-Oxley Act

• Securities Commission Act

The MCCG aims to enhance

• Market Liquidity

• Transparency and accountability

• Customer service

• Executive productivity