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WorksheetsHSE CG Quiz 2 Models of CG
Total questions: 10
Worksheet time: 5mins
The main reason why several types of CG models can be distinguished among contemporary corporations:
Cultural differences in doing business around the world
Differences in management and BoD objectives around the world
Differences in shareholders preferences around the world
The existing differences between democratic and non-democratic countries
Models of Corporate Governance identify:
The regulatory framework of stakeholders’ interaction
The taxation policy of the company
Requirements to managers’ qualification
Disclosure requirements
Equity financing is the main source of funding for companies following:
Russian model
Japanese model
German model
Anglo-American model
Which one of the following models tends to emphasize the value of main stakeholders of the business:
Russian model
Japanese model
German model
Anglo-American model
Keiretsu being a network governance structure implies:
Cross-directorship
Wide inclusion of independent directors
Transparency to its members
High public disclosure
Anglo American model of corporate governance is surely characterized by:
Active participation in financial markets
Orientation to banks as the main capital provider
High presence of independent directors in the board
Corporate governance is rule based rather than principle based (GAAP vs IFRS)
Which one is NOT true regarding Continental model of CG
Financial Markets tends to be smaller and less liquid
Labor unions are represented
Two tier boards are adopted by most listed companies
Supervisory boards consist of powerful executive directors
German model of corporate governance is surely characterized by:
Dispersed shareholding
Employees interests’ consideration
Insignificant role of the stock market as an external controlling body
Low degree of information transparency
Choose the committees which listed companies should certainly have within the Board
Audit leaded by independent director
Nomination leaded by CEO
Governance leaded by NED with potential interest in joint project
Compensation leaded by independent director
Typical director in the US company’s board keeps position over five years and earns more than 25,000 USD per meeting
TRUE
FALSE
