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CG Kumustahan: Quiz 1

Total questions: 5

Worksheet time: 2mins

Name
Class
Date
1.

True or False: Corporate governance is the system of direction, feedback and control using regulations, performance standards, and ethical guidelines to hold the Board and Senior Management accountable for ensuring ethical behavior and reconciling long term customer satisfaction with shareholder value to the benefit of all stakeholders and society.

a)

True

b)

False

2.

True or False: Employees and Management are NOT part of governance mechanisms

a)

True

b)

False

3.

Which among the following is NOT part of Meralco’s CG principles?

a)

a. Fairness

b)

b. Accountability

c)

c. Integrity

d)

d. Profitability

4.

Meralco’s five basic Corporate Governance Principles is known by what acronym?

a)

LOVE

b)

TRUST

c)

FAITH

d)

HOPE

5.

Which among the following is a benefit of good corporate governance?

a)

A. Compliance with laws

b)

B. Lesser fines and penalties, conflicts and frauds

c)

C. Good business reputation and relationships

d)

D. All of the above