4 - Other governance issues Flashcards
1
Q
Which system of governance has been adopted by the US?
A
Rules-based approach
2
Q
Which system of governance has been adopted by South Africa?
A
Principles-based approach
Apply and explain
3
Q
Why have different countries’ CH best practices developed in different ways?
A
To reflect their distinct legal systems and also the specific issues that they’re dealing with
4
Q
12 key CG issued faced by UK companies (4S, 2C, 2R, 2T, F, P)
A
- Stakeholder relations
- Social responsibility and sustainability
- Sexual harassment in the workplace
- Shareholder dialogue
- Composition of Boards
- Corporate culture
- Remuneration
- Risk management
- Tax planning
- Technology and information governance
- Financial reporting
- Performance of directors
5
Q
Acronym (sort of) for key CG issues faced by UK companies
A
4S, 2C, 2R, 2T, F, P
