SEC Code of Corporate Governance
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Questions and Answers

Which organization adopted the Code of Corporate Governance for Publicly Listed Companies?

  • The Securities and Exchange Commission (SEC) (correct)
  • Publicly listed companies
  • The G20/OECD
  • Registered issuers

    • Which SEC Memorandum Circular introduced the Code of Corporate Governance for Public Companies and Registered Issuers?

  • SEC Memorandum Circular No. 24, series of 2019 (correct)
  • SEC Memorandum Circular No. 24, series of 2016
  • SEC Memorandum Circular No. 19, series of 2019
  • SEC Memorandum Circular No. 19, series of 2016

    • Which internationally recognized corporate governance principles is the Code consistent with?

  • SEC Memorandum Circular No. 24
  • SEC Memorandum Circular No. 19
  • G20/OECD Principles of Corporate Governance (correct)
  • Principle of Proportionality

    • What is the purpose of highlighting the differences in application of the Principles and Recommendations?

    <p>To promote consistency</p> Signup and view all the answers

    Which types of companies are covered by the Code of Corporate Governance for Publicly Listed Companies?

    <p>Publicly listed companies</p> Signup and view all the answers

    Which SEC Memorandum Circular introduced the Code of Corporate Governance for Publicly Listed Companies?

    <p>SEC Memorandum Circular No. 19, series of 2016</p> Signup and view all the answers

    Which internationally recognized principles is the Code of Corporate Governance consistent with?

    <p>G20/OECD Principles of Corporate Governance</p> Signup and view all the answers

    What types of companies are covered by the Code of Corporate Governance for Public Companies and Registered Issuers?

    <p>Private companies</p> Signup and view all the answers

    What is the purpose of highlighting the differences in application of the Principles and Recommendations?

    <p>To promote consistency in corporate governance practices</p> Signup and view all the answers

    Who prepared the SEC Code of Corporate Governance?

    <p>MS. IDA</p> Signup and view all the answers

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