Podcast
Questions and Answers
What is the minimum frequency of board meetings?
What is the minimum frequency of board meetings?
- Once a month
- Once a year
- Once every two months (correct)
- Once a quarter
What is required for a board meeting to be valid?
What is required for a board meeting to be valid?
- The majority of members must be present (correct)
- At least four members must be present
- All members must be present
- The chairman and their deputy must be present
What is the deciding vote in the event of a tie?
What is the deciding vote in the event of a tie?
- The chairman's vote (correct)
- The deputy's vote
- A random member's vote
- The vote of the member who called the meeting
What is a power of the SCA regarding securities?
What is a power of the SCA regarding securities?
What type of persons must publicly disclose information related to their activities?
What type of persons must publicly disclose information related to their activities?
Who can request a board meeting?
Who can request a board meeting?
What is the primary responsibility of the board regarding corporate governance?
What is the primary responsibility of the board regarding corporate governance?
What is the minimum period for which the company must maintain documents related to corporate governance?
What is the minimum period for which the company must maintain documents related to corporate governance?
In the event of a judicial lawsuit, how long must the company maintain related documents?
In the event of a judicial lawsuit, how long must the company maintain related documents?
Why should a board member not accept gifts from certain persons or authorities?
Why should a board member not accept gifts from certain persons or authorities?
What should be included in the documents maintained by the company for corporate governance purposes?
What should be included in the documents maintained by the company for corporate governance purposes?
Where should the company maintain its documents related to corporate governance?
Where should the company maintain its documents related to corporate governance?
What is the primary source of members for a committee formed by the board?
What is the primary source of members for a committee formed by the board?
Who is responsible for preparing the draft budget for the SCA?
Who is responsible for preparing the draft budget for the SCA?
What is the purpose of inviting external experts to a board meeting?
What is the purpose of inviting external experts to a board meeting?
How long does the chief executive have to prepare the SCA's final accounts after the end of the fiscal year?
How long does the chief executive have to prepare the SCA's final accounts after the end of the fiscal year?
What is the duration of the SCA's fiscal year?
What is the duration of the SCA's fiscal year?
Who appoints the manager of the departments under the administrative system?
Who appoints the manager of the departments under the administrative system?
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