- 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
Which of the following best describes the corporate governance responsibilities of board members?
B. Establish global best practice standards for proxy voting.
C. Ensure that at board meetings no subject is off the table for discussion and dissent is regarded as an obligation.
D. Ensure that the board negotiates with the company over all matters such as compensation.
A. Establish long-term strategic objectives for the company.
B. Establish global best practice standards for proxy voting.
C. Ensure that at board meetings no subject is off the table for discussion and dissent is regarded as an obligation.
D. Ensure that the board negotiates with the company over all matters such as compensation.
Correct Answer: A
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