Corporate responsibility refers to

Chapter 11

Quiz
•
English
•
12th Grade
•
Hard
Thom Can
FREE Resource
40 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the basic values and beliefs of a company
the structure of the board
the commitment of the business to its stakeholders
the principles for the governance structure
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT characteristic of a bank-based financial system?
Bank and businesses have close relationship
Households are risk avoidance
Banks are highly concentrated and integrated
Households have great access to housing
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In ABC plc, the chairman is Jonathan, and the CEO is his daughter. All the dỉrectors receive bonuses based on annual profits. The company’s sales are made by individual salespeople who routinely bypass the company’s strict credit check procedures, which leads to several irrecoverable debts. From this information, what are the likely corporate governance issues at ABC plc:
Domination by a small group; Emphasis on short-term profitability; Lack of supervision of employees.
Emphasis on short-term profitability
Lack of supervision of employees
Dominant by a small group
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT the perspective on corporate governance
Customer perspective
Public policy perspective
Stewardship perspective
Stakeholder perspective
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In good corporate governance, monitoring and judging directors’ performance based on the returns that the company has achieved under their stewardship ensures:
Interest of managers
Management accountability
Management openness
Management ethics
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the country of Zanadu, the population has a risk seeking attitude towards financial matters. Zanadu's financial system is likely to be:
a market-based system
a stakeholder system
a public policy system
a bank-based system
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The agency problem concerns the misalignment in interests and conflicts of interest between:
regulators and professional bodies
banks and financial markets
directors and shareholders
government and industry
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