Corporate Governance

1.Corporate governance is most often viewed as both the structure and the relationships which determine corporate direction and performance.

• True

• False

2.Corporate governance does not have any impact on the share price.

• True

• False

3.The Board of Directors (BoD)remains in effective control of the affairs of the company at all times

• True

• False

4.Transparency in Board's processes and independence in the functioning of Boards

• True

• False

5.Accountability, Transparency, governance and Objectives are the four pillars of Corporate Governance.

• True

• False

6.A board of directors (BoD) is an elected group of individuals that represent shareholders.

• True

• False

7.Risk Management Department is a committee reportable to BoD.

• True

• False

8.A managing director must be an individual (a real person) and can be appointed for a maximum period of five years.

• True

• False

9.The charter and by-laws of the Company provide that the Board shall consist of not less than two nor more than 20 directors.

• True

• False

10.Management reflects the implementation of the governance decisions

• True

• False