- CFA Exams
- CFA Level I Exam
- Topic 3. Corporate Issuers
- Learning Module 3. Corporate Governance: Conflicts, Mechanisms, Risks, and Benefits
- Subject 2. Corporate Governance Mechanisms
CFA Practice Question
True or False? A company should have a nomination committee of independent board members. The only way to nominate a new board member is through the nomination committee.
Correct Answer: False
Shareholders should be able to nominate individuals for election to the board under certain circumstances.
User Contributed Comments 2
| User | Comment |
|---|---|
| surob | The key word - "the only way" |
| dblueroom | The first part about independence is correct. |