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Corporate Governance Essay

950 words - 4 pages

Examination Paper IIBM Institute of Business Management Examination Paper Corporate Governance Section A: OBJECTIVE TYPE (20 marks) MM.50

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This section consists of Multiple choice questions. Answer all the questions. Questions carry 1 mark each.

1. In the second version of McKinsey’s model called “the Central model” governance chain is represented by a. Well-developed equity market & dispersed ownership b. Underdeveloped equity market & concentrated ownership c. Well-developed equity market & concentrated ownership d. Underdeveloped equity market & dispersed ownership 2. Corporate governance refers to a combination of law, rules, regulations and a. Value b. Wealth c. Voluntary ...view middle of the document...

a. MNC’s efforts at Consolidation of ownership, 1993 b. Vanishing Companies Scam, 1993-94 c. M. S. Shoes, 1994 d. Harshad Mehta scam, 1992 9. Debt purchasers provide finance in return for a promised stream of payments & a variety of other convenants pertaining to corporate behavior, such as the value and risk of corporate assets. These are called a. Concentrated Debt b. Diffused Debt c. Creditor Incentives d. Debt Collection 10. A person having control over the direction, conduct, management or superintendence of then affairs of a company is called a. Director b. Co- director c. Board members d. None 11. A director who is not duly appointed but acts as a director is known as a a. Fraudulent Person b. De Facto c. De Jure d. None 12. This type of auditors are usually referred to as a CPA (Certified Public Accountants) firms IIBM Institute of Business Management 2

Examination Paper a. b. c. d. Internal auditors Independent auditors Government auditors None

13. To introduce corporate governance practices in the banking sector the recommendations of the working group of directors of financial Institutions known as the a. Ganguly Group b. Policy Implication c. Government Control d. Withdrawal effects 14. It is a manipulative method where one buy the power or the influence of others persons in order to satisfy his selfish need. a. Coercion b. Tax Evasion c. Bribery d. Insider Trading 15. This model supports the idea of multiple interests of stakeholders rather than shareholders interest alone a. The Social Entity Theory b. Trusteeship Model c. The Pluralistic Model d. Social Responsibility 16. This policy was released in August by the Ministry of Environment & Forests (MOEF) for Public discussion a. The National Environment Policy, 2004 b. Draft Policy c. Biodiversity Conservation d. Forest & wildlife Conservation 17. Out of the following which Committee appointed to examine all current Capital market regulations & to suggest amendments to them a. SEBI b. Dhanuka Committee c. Primary Market Reforms d. None 18. Out of the following which one sentence...

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