Importance of Committees in Corporate Governance
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Questions and Answers

The ______ Committee oversees accounting and financial reporting processes.

Audit

The ______ Committee is responsible for assessing directors and senior executives' compensation.

Remuneration

The ______ Committee should nominate the right mix of board members.

Nomination

Board ______ aims to enhance best practices and ensure legal and regulatory compliance.

<p>Evaluation</p> Signup and view all the answers

The ASEAN Corporate Governance ______ involves a thorough examination of the company's governance.

<p>Scorecard</p> Signup and view all the answers

Ethical ______ involves respecting values like honesty, fairness, and equality.

<p>Stewardship</p> Signup and view all the answers

Criminal Law, Family Law, Contract Law, Property Law, ______ Law Regulation - legal system that controls and regulates the business activities of a certain community, country, or any at large.

<p>Business</p> Signup and view all the answers

Rationale for Regulation - ______: how societies produce and consume goods and services.

<p>Economics</p> Signup and view all the answers

Milton Friedman - ______ of 20th century.

<p>economist</p> Signup and view all the answers

______ Market - Basic form of capitalism - is an economic system that restricts government interventions in the economy.

<p>Free</p> Signup and view all the answers

______ and Oxley Act (SOX) - American Legislation - Increased financial accountability in auditing (internal and external) and disclosure to protect investors.

<p>Subanes</p> Signup and view all the answers

Financial meltdown in 2008 led to another act passed, the ______ Wall Street or SOX 2, which focused on closer monitoring and...

<p>Dodd-Frank</p> Signup and view all the answers

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