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Basics of Corporate Governance

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Who coined the term Corporate Governance?

a)

Peter Drucker

b)

Bob Cooper

c)

Philip Kotler

d)

Bob Tricker

2.

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

a)

Greed of managers/ corporates/ investors

b)

Lack of questioning culture in boardroom

c)

Accountability

d)

Laid-back attitude of investors

3.

All employees in public sector organization are involved in corporate misgovernance

a)

True

b)

False

4.

All employees in private sector organizations engage in corporate misgovernance

a)

True

b)

False

5.

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

a)

INDIAN BANKS ASSOCIATION

b)

CONFEDERATION OF INDIAN INDUSTRY

c)

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY

d)

SECURITIES AND EXCHANGE BOARD OF INDIA

6.

Managing and governing is the same

a)

True

b)

False

7.

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

a)

Executive directors have more power than non executive directors

b)

Non - Executive directors have more power than executive directors

c)

Both non - executive directors and executive directors have same power

d)

None of the above is true

8.

Who runs the company operations for large companies?

a)

Shareholders

b)

External auditors

c)

Board of Directors

d)

Stakeholders

9.

Corporate governance is same as corporate social responsibility

a)

True

b)

False

10.

What are the principles of Corporate Governance?

a)

Integrity & Fairness

b)

Transparency & disclosures

c)

Accountability & Responsibility

d)

All of the above

11.

................ theory assumes that management works in the best interest of the company

a)

Stewardship theory

b)

Agency theory

c)

Indian theory

d)

American theory

12.

Management is responsible towards which of the following?

a)

All shareholders

b)

Employees

c)

Government

d)

Society

e)

All stakeholders

13.

Mr. N. R. Narayana Murthy committee was constituted by..............

a)

CII

b)

Government of India

c)

SEBI

d)

RBI

14.

Whistle blower policy was one of the mandatory recommendations of Narayan Murthy Committee

a)

True

b)

False

15.

Which committee recommended Single Person Company?

a)

Naresh Chandra Committee

b)

Narayan Murthy Committee

c)

Dr. J. J. Irani Committee

d)

Birla Committee

16.

------ may be defined as the enhancement of long-term shareholders while at the same time protecting the interests of other stakeholders.

a)

Corporate Social Responsibility

b)

Business ethics

c)

Corporate governance

d)

Cultural relativism

17.

Of the following, Corporate Governance is what type of approach?

a)

Scientific

b)

Bottom-up

c)

Top-down

d)

Hybrid

18.

Corporate governance is concerned with the formation of …………… term objective

a)

Short

b)

Medium

c)

Long

d)

All of these

19.

Which of the following is/are feature of corporate governance?

a)

Non- universality

b)

Ambiguity

c)

Accountability

d)

All of these

20.

The primary stakeholders are

a)

Consumers

b)

Creditors

c)

Shareholders

d)

Suppliers