1: MCQ (5 points): 1. Which of the following is NOT an example of corporate governance practice? a. b. c. d. Formation of a nominating committee to identify potential new directors. Codes of conduct for directors. Requirements that most board directors be independent. None of the above, i.e. they are all examples of corporate governance. 2. To ensure shareholders are sufficiently informed good governance practices include: Detail related party transactions. Prepare regular reports. a. b. c. Have annual reports audited. d. All of the above. 3. Which of the following is NOT an example of good corporate governance in relation to shareholders? a. b. c. d. Provide shareholders with all information made available to directors. Treat all shareholders equally. Have rules that allow shareholders to call extraordinary meetings. All of the above. 4. An advantage of a principles-based approach to corporate governance is that: a. It bans loans to directors. b. c. It places a higher level of duty on directors to determine which corporate governance practices are required. It requires a corporation to prepare an annual report and provide them to shareholders. d. All of the options are correct. Page 1