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4).Following is some of the NYSE corporate governance requirements of companies listed on this stock exchange. For each requirement, how it is intended to address
4).Following is some of the NYSE corporate governance requirements of companies listed on this stock exchange. For each requirement, how it is intended to address the risk of fraud in publicly traded organizations? (30 points) A. Boards need to consist of a majority of independent directors. B. Boards need to hold regular executive sessions of independent directors without management present. C. Boards must have a nominating/corporate governance committee composed entirely of independent directors D. Boards must have a compensation committee composed entirely of independent directors. E. Boards must have an audit committee with a minimum of three independent members. F. Companies must adopt and disclose a code of business conduct and ethics for directors, officers, and employees. G. Foreign companies must disclose how their corporate governance practices differ from those followed by domestic companies H. CEOs need to provide an annual certification of compliance with corporate governance standard
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