Question: Question 5 [20] 5.1 Explain why it is important to have both independent non-executive and executive directors. (5) 5.2 Explain why the CEO should preferably

Question 5 [20] 5.1 Explain why it is important

Question 5 [20] 5.1 Explain why it is important to have both independent non-executive and executive directors. (5) 5.2 Explain why the CEO should preferably not occupy the position of Chairman of the Board and why JSE listing requirements suggest that it should not even be the former CEO (5) 5.3 Listed companies must distribute their annual financial statements to their shareholders and table it at their annual general meeting (AGM). Describe/list the minimum requirements with which these statements must comply. (10) Question 5 [20] 5.1 Explain why it is important to have both independent non-executive and executive directors. (5) 5.2 Explain why the CEO should preferably not occupy the position of Chairman of the Board and why JSE listing requirements suggest that it should not even be the former CEO (5) 5.3 Listed companies must distribute their annual financial statements to their shareholders and table it at their annual general meeting (AGM). Describe/list the minimum requirements with which these statements must comply

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