36.Which of the following is false regarding Blackout periods for insider trading?

Select one:

a. With multiple restrictions, evidence supports the fact that executives only rely on public information to guide their trading

b. Blackout periods typically occur between the time when material information is known and its released to the public.

c. General Counsel plays a critical role in preventing trading abuses by insiders

d. A typical blackout window has a median length of 50 calendar days

37.Under what circumstances might shareholders and stakeholder prefer external successor CEOs?

Select one:

a. When inside executives with sufficient talent and expertise are in excess

b. When the Board has confidence that the external executive would perform to expectations because of the executives cultural fit with the firm

c. When the external executives become familiar with the company and the Board

d. When the Board might be dissatisfied with recent performance or decide that the company needs to change direction.

38.Which of the following reflects how much the company protects the value of its intangible assets?

Select one:

a. Financial risks

b. Operational risks

c. Compliance risks

d. Reputational risks

39.Which is true regarding control-enhancing mechanisms, such as dual class share classes with differential voting rights, that entitles shareholders to a fraction of the total votes outstanding that is greater than their own share ownership stake?

Select one:

a. Families make more use of than non-family firms

b. Families make less use of these than non-family firms

c. Family firms do not use these at all

d. Families use these about the same as non-family firms

40.Which of the following is a key factor for the board to consider when relying on non-financial measures?

Select one:

a. Abstract

b. Subjectiveness

c. Stability

d. Cost