31.Which act enacted by congress requires companies to list the CEO pay ratio?

Select one:

a. Sarbanes-Oxley Act

b. Dood-Frank Financial Reporting Reform Act

c. Securities and Exchange Act of 1933

d. The Millennium Act

32.Which of the following is not a key factor that the Board should consider when relying on performance measures?

Select one:

a. Objectivity

b. Dimension

c. Precision

d. Deviation

33.Studies examining the relationship between CEO turnover and performance suggest that:

Select one:

a. CEO turnover is directly proportional to corporate operating and stock performance

b. Well performing CEOs are always looking for better opportunities outside of the firm.

c. CEO turnover is inversely proportional to corporate operating and stock price performance

d. The average tenure of a bad performing CEO is 11 years

34.Which of the following is not Financial Key Performance Indicator?

Select one:

a. Defects and Reworks

b. None of the above

c. Earnings Per Share

d. Revenue Growth

e. Free Cash Flow

35.Which of the following statements is not correct when defining the relationship between management, ownership and control?

Select one:

a. All of the above

b. Family ownership creates value for all of the firm's shareholders only when the founder is still active in the firm as CEO or as Chairman with a hired CEO.

c. Descendant-CEOs create value whether or not the family has established control-enhancing mechanisms.

d. When family firms are run by descendant-CEOs, minority shareholders in those firms are better of than they would be in non family firms in which they would be exposed to the classic agency conflict with managers

Answer rating: 100% (QA)

31 option B is correct DoodFrank Financial Reporting Reform ... View the full answer