Introduction to Corporate Governance – Questions and Answers

INTRODUCTION TO CORPORATE GOVERNANCE

QUESTION 1
April 2024 Question Six A and C
a) In relation to corporate governance, explain FIVE rights of shareholders. (5 marks)
c) Explain FIVE roles of technology and digitalisation in enhancing corporate governance practices in organisations. (10 marks)

QUESTION 2
April 2024 Question Seven A
With reference to corporate governance in your country, discuss SIX duties of directors.
(12 marks)
QUESTION 3
December 2023 Question Six C
With reference to corporate governance, examine FIVE roles of the Board of Directors of an organisation. (10 marks)

QUESTION 4
December 2023 Question Seven
(a) Identify FIVE consequences of poor corporate governance practices to a business organisation. (5 marks)
(b) Explain FIVE roles of regulatory bodies such as the Capital Markets Authority (CMA) in promoting corporate governance. (5 marks)
(c) Justify the need for organisations to develop and be guided by corporate governance frameworks. (10 marks)

QUESTION 5
August 2023 Question Six A
Highlight FIVE pillars of corporate governance. (5 marks)

QUESTION 6
August 2023 Question Seven A and B
(a) Distinguish between “corporate governance” and “ethics”. (4 marks)
(c) State NINE corporate governance practices that could enhance the performance of an organisation. (9 marks)

QUESTION 7
April 2023 Question Six A
(a) With respect to corporate governance:
(i) Distinguish between “agency theory” and “stewardship theory”. (4 marks)

(ii) Identify SIX causes of agency problem in organisations. (6 marks)

QUESTION 8
December 2022 Question One B(i)
Explain FOUR benefits of carrying out a legal audit in a corporation. (4 marks)

QUESTION 9
December 2022 Question Five A
(i) Define the term “corporate governance”. (2 marks)
(ii) Outline SIX principles of corporate governance. (6 marks)

QUESTION 10
April 2022 Question Five A
(i) Outline two types of on-site legal audit processes that might be used during data collection. (2 marks)
(ii) Highlight two disadvantages of a legal audit. (4 marks)
(iii) Outline four attributes required of a legal auditor. (4 marks)

QUESTION 11
December 2021 Question Four A
In relation to corporate governance:
(i) Define the term “legal audit”. (2 marks)
(ii) Discuss four purposes of legal audit. (8 marks)

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