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 (A)</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 (B)</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 (A)</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 (B)</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 (B)</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 (C)</p> Signup and view all the answers

Who prepared the SEC Code of Corporate Governance?

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

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