Question
The ASX principles focus specifically on the governance of listed public companies and the principles are guidelines as to best practice, they are not mandatory
The ASX principles focus specifically on the governance of listed public companies and the principles are guidelines as to best practice, they are not mandatory rules. Thus the ASX adopts the approach,
Select one:
a."if not, why not", that is, ALL companies need to report on their adoption of the principles.
b."if not, why not", that is, listed companies need to report on their adoption of the principles, and if they are not adopted, to explain why not.
c.That all companies MUST follow these rules and report each 6 months on their compliance.
d.As they are not compulsory there is not approach adopted but the ASX, companies as are just free to follow them or not.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started