Question
Question 1 Which of the following are key corporate factors driving the need for better governance? Selectwhich options are correct. A the growth in shareholder
Question 1
Which of the following are key corporate factors driving the need for better governance? Selectwhich options are correct.
Athe growth in shareholder activism
Bthe requirement to access lower-cost debt and equity finance
Chigher levels of individual taxation dissuading potential shareholders
Dincreasing competition making high levels of performance harder to achieve
Question 2
Which of the following is an important concern in the OECD Principles of Corporate Governance (2015)?
Adirectors' rights
Bregulators' rights
Cshareholders' rights
Dtriple bottom line accounting
Question 3
Congress passed the Sarbanes-Oxley Act of 2002 to:
a. Enhance the burden of financial reporting.
b. Establish a new regime of investor protection.
c. Increase the workload of auditors of public companies.
d. Provide more protection to the managers of public companies.
Question 4
Which of the following does not effectively characterize the post-SOX era:
a.A change in the regulatory framework for the auditing profession through the establishment of the PCAOB.
b.The move toward more transparent and timely financial reports.
c.A redefining of roles and responsibilities of those who are directly or indirectly involved in the financial reporting process.
d.The reduction of the importance and role of ethics within publicly traded companies.
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