Reference no: EM13761627
1) To ensure the company has an effective corporate governance structure, and in particular-an effective 'compliance and ethics' program in accordance with the SGO, an intergrated framework must be in place for:
A) Internal Controls (IC)
B) Enterprise Risk Management (ERM)
C) Both (A) and (B)
2) Which of the following would appear to be the best indication that a company had 'good' corporate governance in place:
A) Company which goes beyond Cadbury, as they have more NEDs than EDs on the board, with most of the NEDs being INEDs.
B) Company with an equal number of EDs and NEDs on the board, with a CEO ( who also is a member of the BOD and Chairman) who is compensated in large part by share options, and so is paid less than half the industry average in salary.
c) Company which has never been the subject of an investigation by regulators and which has never been prosecuted by the state or sued by shareholders.
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