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WorksheetsTheories of Corporate Governance
Total questions: 12
Worksheet time: 6mins
“Argued that stakeholder ideas are fundamentally flawed, strongly advocating the ownership rights perspective.” The statements above are mentioned by
Turnbull (1997)
Smith and Hasnas (1999)
Peter Senge (2000)
Sternberg (2000)
The theory recognizes that companies generate profits and increase shareholder wealth only by satisfying stakeholder needs and responding to their interests.
True
False
"To understand how human beings can be motivated to contribute to the achievement of the goals of organizational principals" is the purpose of
Stakeholder Theory
Stewardship Theory
Managerial Hegemony Theory
Political Theory
Stewardship Theory holds that company owners hires agents to serve their interest
True
False
The management dominates the business organizations resulted ineffective BOD. Factors:
Directors had a low dependence on the management.
No influence of inside directors on outside directors.
The board's lack of detachment is a result management's control over the selection of outside board members.
Director could possess the same amount of information and knowledge about the business with the management.
Class hegemony explains that directors view and perceive themselves as an elite set of people at the top of the company and they will recruit or appoint other directors who are of the same caliber and can align with them.
True
False
Who are the persons behind the resource dependency theory?
Freeman and Reed
Mallette and Fowler
Jeffrey Pfeffer and Gerald R. Salancik
Meyer and Rowan
How the company could minimize dependency?
Fund Raising
Involve in open market
Collaborate with competitor
Strategic Planning
According to (DiMaggio and Powell, 1983), complementary perspective in that it suggests that the imitation of practices.
True
False
Institutional Theory should be viewed as a complement to
Political Theory
Resource Dependence Theory
Agency Theory
Stakeholder Theory
Political theory proposes to develop voting support from shareholders, rather than purchasing voting power from them
True
False
Political Theory highlights the allocation of
Corporate power
Profits
Privileges
All the above
