1.

Question 1

Complete the following sentence by arranging the order of the four answers provided below. Show the order by listing the letters A, B, C and D without commas (e.g. ABCD):

Individuals' and companies' decisions must be _____ and ______ , in order to maintain ______ in society and ______ of operations.

A. order

B. sustainability

C. ethical

D. socially responsible

ABCD

ABDC

CDAB

CABD

2.

Question 2

Parties who invest resources in companies include: (You may choose more than one.)

shareholders

environmental activists

employees

suppliers

3.

Question 3

The primary responsibility of corporate governance falls on the company's __________

accountants.

directors.

executives.

shareholders.

4.

Question 4

Which of the following statements about corporate governance practices in different countries is INCORRECT?

CG practices in European countries focus on long-term management and employees' interests.

CG practices in SE Asia emphasise on avoiding conflicts between families and minority shareholders.

CG practices of UK rely on consumer market regulations.

CG practices of US focus on potential conflicts between management and shareholders.

5.

Question 5

To be a good corporate citizen, companies should take up financial, social and environmental responsibilities which, collectively, contribute to their attainment of _____________

Strategic Development.

Sustainable Development.

Tactical Development.

Technological Development.

6.

Question 6

The modern practice of risk management is to ___________

avoid taking risks.

embrace risks by taking them on.

identify risks to take or to avoid.

ignore risks.

7.

Question 7

Companies should strive to achieve short-term goals, because the achievement of short-term goals will naturally lead to the achievement of the long-term goals.

True

False

8.

Question 8

In ensuring good corporate governance, companies should provide relevant, reliable and timely information to stakeholders, and also people other than stakeholders.

True

False

9.

Question 9

Fiduciary duties of Independent Non-Executive Directors are usually less onerous because they are usually outsiders appointed to the board of companies.

True

False

10.

Question 10

It is the duty of _______ to ensure the proper functioning of the Board.

accountant

auditor

CEO

company secretary