Question 1

Stakeholder theory focuses:

Accepted Answer

A) more on providing value to the company's shareholders. 
B) less on providing value to all of the company's stakeholders. 
C) more on providing value to all of the company's stakeholders. 
D) more on providing value to the company's directors. 
A) more on providing value to the company's shareholders. 
B) less on providing value to all of the company's stakeholders. 
C) more on providing value to all of the company's stakeholders. 
D) more on providing value to the company's directors.

Question 2

The ASX established the ASX Corporate Governance Council following the spate of corporate collapses in Australia early this century.

Accepted Answer

A) True 
 B)False

Question 3

According to the definition of an officer in the Corporations Act,which of the following parties could be considered to be an officer of an Australian company?
I A liquidator
II A senior manager
III A trustee
IV A receiver

Accepted Answer

A) I and IV 
B) I,II and III 
C) II,III and IV 
D) I,II,III and IV 
A) I and IV 
B) I,II and III 
C) II,III and IV 
D) I,II,III and IV

Question 4

A failed international strategy was one of the major reasons for the collapse of ABC Learning Ltd.

Accepted Answer

A) True 
 B)False

Question 5

Under resource dependence theory,the board of directors exists as a mediating hierarchy between the various factors of production.

Accepted Answer

A) True 
 B)False

Question 6

Recent academic studies have found that the presence of 'grey' directors on a company's board consistently impacts negatively on company performance.

Accepted Answer

A) True 
 B)False

Question 7

The Corporations Act definition of a director is very wide and can extend to an external advisor of the company who investigates a company's affairs and makes suggestions as to the running of the company.

Accepted Answer

A) True 
 B)False

Question 8

Executive directors generally have which of the following two roles in a company?

Accepted Answer

A) As an independent director and senior manager. 
B) As a senior manager and internal auditor. 
C) As a senior manager and a director. 
D) As a grey director and senior manager. 
A) As an independent director and senior manager. 
B) As a senior manager and internal auditor. 
C) As a senior manager and a director. 
D) As a grey director and senior manager.

Question 9

The theory that argues that the real power in corporate governance lies with management who can take advantage of shareholder weakness to pursue self-interest is referred to as:

Accepted Answer

A) stakeholder theory. 
B) management self-interest theory. 
C) managerial hegemony theory. 
D) shareholder hegemony theory. 
A) stakeholder theory. 
B) management self-interest theory. 
C) managerial hegemony theory. 
D) shareholder hegemony theory.

Question 10

Which of the following statements is correct in relation to Australia's corporate governance system?

Accepted Answer

A) It is an example of a hybrid system. 
B) It is an example of an agency dominated Anglo-American system. 
C) It follows the German approach. 
D) It is an example of a stakeholder dominated system. 
A) It is an example of a hybrid system. 
B) It is an example of an agency dominated Anglo-American system. 
C) It follows the German approach. 
D) It is an example of a stakeholder dominated system.

Stakeholder theory focuses:

The ASX established the ASX Corporate Governance Council following the spate of corporate collapses in Australia early this century.

According to the definition of an officer in the Corporations Act,which of the following parties could be considered to be an officer of an Australian company? I A liquidator II A senior manager III A trustee IV A receiver

A failed international strategy was one of the major reasons for the collapse of ABC Learning Ltd.

Under resource dependence theory,the board of directors exists as a mediating hierarchy between the various factors of production.

Recent academic studies have found that the presence of 'grey' directors on a company's board consistently impacts negatively on company performance.

The Corporations Act definition of a director is very wide and can extend to an external advisor of the company who investigates a company's affairs and makes suggestions as to the running of the company.

Executive directors generally have which of the following two roles in a company?

The theory that argues that the real power in corporate governance lies with management who can take advantage of shareholder weakness to pursue self-interest is referred to as:

Which of the following statements is correct in relation to Australia's corporate governance system?

Nature and Regulation of Companies

Financing Company Operations

Company Operations

Fair Value Measurement

Accounting for Company Income Tax

Financial Instruments

Foreign Currency Transactions and Forward Exchange Contracts

Property, Plant and Equipment

Leases

Intangible Assets

Business Combinations

Impairment of Assets

Disclosure: Legal Requirements and Accounting Polices

Disclosure: Presentation of Financial Statements

Disclosure: Statement of Cash Flows

Disclosure: Translation of Financial Statements Into a Presentation Currency

Consolidation: Controlled Entities

Consolidation: Wholly Owned Subsidiaries

Consolidation: Intragroup Transactions

Consolidation: Non-Controlling Interest

Consolidation: Other Issues

Associates and Joint Ventures

Investments in Joint Arrangements

Insolvency and Liquidation

Filters

Exam 4: Fundamental Concepts of Corporate Governance

Stakeholder theory focuses:

The ASX established the ASX Corporate Governance Council following the spate of corporate collapses in Australia early this century.

According to the definition of an officer in the Corporations Act,which of the following parties could be considered to be an officer of an Australian company? I A liquidator II A senior manager III A trustee IV A receiver

A failed international strategy was one of the major reasons for the collapse of ABC Learning Ltd.

Under resource dependence theory,the board of directors exists as a mediating hierarchy between the various factors of production.

Recent academic studies have found that the presence of 'grey' directors on a company's board consistently impacts negatively on company performance.

The Corporations Act definition of a director is very wide and can extend to an external advisor of the company who investigates a company's affairs and makes suggestions as to the running of the company.

Executive directors generally have which of the following two roles in a company?

The theory that argues that the real power in corporate governance lies with management who can take advantage of shareholder weakness to pursue self-interest is referred to as:

Which of the following statements is correct in relation to Australia's corporate governance system?

Nature and Regulation of Companies

Financing Company Operations

Company Operations

Fair Value Measurement

Accounting for Company Income Tax

Financial Instruments

Foreign Currency Transactions and Forward Exchange Contracts

Property, Plant and Equipment

Leases

Intangible Assets

Business Combinations

Impairment of Assets

Disclosure: Legal Requirements and Accounting Polices

Disclosure: Presentation of Financial Statements

Disclosure: Statement of Cash Flows

Disclosure: Translation of Financial Statements Into a Presentation Currency

Consolidation: Controlled Entities

Consolidation: Wholly Owned Subsidiaries

Consolidation: Intragroup Transactions

Consolidation: Non-Controlling Interest

Consolidation: Other Issues

Associates and Joint Ventures

Investments in Joint Arrangements

Insolvency and Liquidation

Filters