Corporate Governance Models Quiz
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Questions and Answers

In the Anglo-US model of corporate governance, what is the focus of decision-making?

  • Long-term sustainability
  • Market shares (correct)
  • Stakeholder's profit
  • High-level of compensation

Who are elected by the shareholders to oversee the whole organization?

  • Management
  • Board of Directors (correct)
  • Regulatory Bodies
  • Stakeholders

Which board in the German Model of corporate governance is responsible for appointing the members of the Management Board?

  • Supervisory Board (correct)
  • Regulatory Bodies
  • Board of Directors
  • Stakeholders

Which model of corporate governance emphasizes a collaborative relationship between companies, unions, and government?

<p>German Model (B)</p> Signup and view all the answers

What distinguishes shareholders from stakeholders in corporate governance?

<p>Ownership stake in the company (D)</p> Signup and view all the answers

What characterizes the Japanese model of corporate governance in terms of decision-making?

<p>Skills-dependent regarding employees (B)</p> Signup and view all the answers

Study Notes

Corporate Governance Stakeholders

  • Shareholders have ownership and elect the Board of Directors to oversee the organization
  • Stakeholders include customers and shareholders, but not all stakeholders are shareholders
  • Management is responsible for managing employees to work efficiently and productively
  • Regulatory bodies ensure compliance with laws and regulations

Models of Corporate Governance

Anglo-US Model

  • Focuses on market shares and profit
  • Decision-making is decentralized
  • High-level of compensation for executives
  • Limited government intervention
  • Key players: management, directors, and shareholders (corporate governance triangle)

German Model

  • Emphasizes stakeholder profit and long-term sustainability
  • Decision-making involves management, employees, and government
  • Skills-dependent regarding employees
  • Emphasizes employee rights and benefits
  • Collaborative approach between companies and government
  • Two boards with separate members: Management Board ("Vorstand") and Supervisory Board ("Aufsichtsrat")
  • Stringent disclosure requirements

Note

  • Japanese Model not discussed in this text

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Description

Test your knowledge on the different key players in corporate governance, including the board of directors, shareholders, stakeholders, management, and regulatory bodies. Understand the distinction between shareholders and stakeholders and learn about the various models of corporate governance from developed capital markets.

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