MCQs: Which of the following examples is NOT advantage of good corporate governance? Increasing the cost of capital. Expanding the company's shareholder base. Reducing perceived risks to investors. Increased market confidence. P-PP'P Corporate governance is: a. The system by which corporations are directed and controlled. b. A coherent system of concepts that underlie financial reporting. c. A term referring to management's choosing to voluntarily disclose non-compulsory information in annual reports. d. A set of broad principles that provide the basis for guiding actions or decisions. Which of the following is NOT one of the ASX's Principles of Corporate Governance? a. Establish an audit committee. b. The majority of directors should be executive. c. Promote ethical and responsible decision making. d. Ensure level and composition of remuneration is sufficient and reasonable. Implementation of good corporate governance practices and principles will: completely prevent corporate failure. guarantee corporate failure. minimise the chance of corporate failure. not impact the change of corporate failure. 999'!\" Which of the following is NOT an example of corporate governance practice? a. Formation of a nominating committee to identify potential new directors. b. Codes of conduct for directors. c. Requirements that most board directors be independent. d. None of the above, i.e. they are all examples of corporate governance