Under the unitary board structure,

A. there are two types of directors: executive and non-executive

B. the supervisory board appoints the members of the management board

C. there are two types of directors: supervisory board and management board

D. the board members are actively involved in the companys day-to-day management

Which are elements for the needs of good governance? *

A. Good board practices

B. Board commitmen

C. Well-defined shareholders

D. Transparent disclosure

E. All the above

Below is the means of good board practices, EXCEPT? *

A. Board of Directors clearly defined roles and authorities.

B. Risk management framework present

C. Planning appropriate Board procedures

D. Director remuneration in line with best practice

a) Financial information disclosed b) Non-financial information disclosed c) Financial prepared according to International Financial Reporting Standards (IFRS) The point above suitable for the need of good governance of *

A. Control environment

B. Well-defined shareholders

C. Board commitment

D. Transparent disclosure

Which of the following is NOT the responsibility of the Board of Directors? *

A. To advise the CEO and top management on administrative and other managerial issues

B. To actively involved in the running of the company

C. To make decision regarding the retention of the CEO

D. To ensure that the management are running the business efficiently

As in the UK and majority of EU member states, the corporate governance model in Malaysia is based on: *

A. the unitary board structure

B. two-tier system

C. the dual board structure

D. supervisory board and an executive board of management

Which of the following is NOT a valid difference between executive and non-executive directors? *

A. Executive directors work full-time, while non-executive directors work part-time

B. Executive directors are involved in the management of the company, whereas non-executive directors are not expected to be involved in the management

C. Executive directors tend to be paid considerably more than the non-executive directors

D. Non-executive directors should be independent, while the executives will usually not be

Who runs the company operations for large companies? *

A. Shareholders

B. External auditors

C. Board of Directors

D. Stakeholders

Which is the BEST definition for Corporate Governance? *

A. A system of law and sound approaches by which corporations are directed and controlled focusing on the internal and external corporate structures with the intention of monitoring the actions of management and directors and thereby mitigating agency risks which may stem from the misdeeds of corporate officers

B. Essentially involves balancing the interests of a company's many stakeholders, such as shareholders, senior management executives, customers, suppliers, financiers, the government, and the community.

C. A part of regulatory and market mechanisms, the roles and relationships between a companys management, its board directors, its shareholders and other stakeholders, and the goals for which the corporation is governed

D. Refers to the way a corporation is governed. It is the technique by which companies are directed and managed. It means carrying the business as per the stakeholders' desires

Most jurisdictions describe the director as having three duties. Below are the three duties EXCEPT *

A. Duty of loyalty

B. Duty of care

C. Duty of control

D. Duty of obedience

"Successful business leaders not only realize the importance of giving back to society, but they also consider the social and environmental responsibilities of their business with the ultimate goal of sustainable global development." This statement refers to *

A. Option of corporate governance

B. Audit committee structure

C. Advantages of having audit committee

D. Elements of corporate governance

Which of the following is NOT the primary roles of the Board of Directors as per Dalton and Daily (1999):

A. Resource dependence role

B. Managing role

C. Service/expertise/counsel role

D. Monitoring/control role

Which is NOT TRUE about the needs for corporate governance? *

A. To avoid mismanagement

B. To increase the accountability of your company and to avoid massive disasters before they occur

C. To enable companies operate more efficiently, to improve access to capital, mitigate risk and safeguard stakeholders

D. To analyze of an organization's operations and maintenance of systems of internal controls can help detect and prevent various forms of fraud and other accounting irregularities.

According to the MCCG, Chairman of the Board is responsible to *

A. ensure that all relevant issues are discussed in the Board meeting

B. ensure that only executive directors are enabled and encouraged to play their full part in their activities

C. ensure that he/she also acts as the CEO of the company

D. ensure that the non-executive directors are looking beyond their executive function and accept their full share of responsibilities of governance