1.A critical corporate governance issue is ensuring that the board and its members have the requisite experienced needed to properly govern the firm for the shareholders’ benefit. When considering board member qualifications, investors and shareholders should consider whether board members can act with care and competence as a result of their experience with all of the following EXCEPT: A) technologies, products, services which the firm offers. B) the competitive landscape the firm faces. C) legal issues. D) strategies and planning.
2.A properly qualified board member is of vital importance to proper corporate governance within a firm. Board members who lack the requisite skills, knowledge and expertise to conduct a thorough review of the firm’s activities are:
A) more likely to consult with outside interests to assist in decision-making. B) more likely to be “unpaid” board members. C) less likely to participate fully in decision-making matters during board meetings. D) more likely to defer to management when making decisions.
3.Which of the following might be an undesirable trait of a member of the board of directors?
A) Experience with the technologies, products, and services the firm offers. B) Positive public statements regarding an individual’s ethical viewpoints. C) Service on the board for more than 10 years. D) Lack of legal or regulatory problems as a result of working with other firms. | 
发表于 2008-4-9 16:38
| 
