What about quality of corporate governance of monash tech

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Reference no: EM132576715

Monash Tech Group Limited trades on the Australian Stock Exchange. Assume that you are a potential investor. You discover the following facts during the course of your research on the company:

  1. The Board comprises 7 members; 5 of whom are independent directors.
  2. 5 of the Board Members, including the Chairman of the Board, have business degrees (economics, commerce, accounting).
  3. The Board has an audit committee, a remuneration committee, and a nomination committee. All members of these board committees are non-executive directors.
  4. The Chairman of the audit committee, who is also the Chairman of the Board, holds a bachelor degree in economics and previously served as an accounting partner of an audit firm.

Question 1: Using the information provided explain what you could infer about the quality of corporate governance of Monash Tech Group Limited.

Reference no: EM132576715

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