ASSIGNMENTS
INSTRUCTIONS
Signature : _________________________
Date : _________________________
Assignment 'A'
Notes: Marks : 15
Analytical questions
1. Board of Directors (BOD) plays a very important role in the process of Corporate Governance.
Discuss.
2. Chairman of the BOD has a pivotal role in the performance of BOD. Do you agree? Support your
answer with reasons and examples.
3. What are the three major committees of the board? Discuss their roles and usefulness?
4. "It is strongly felt that the contribution of non-executive directors is critical in establishing,
maintaining and improving standards of governance in organizations". Comment.
5. "People with different perspectives will have different expectations of the Remuneration
Committee". Do you agree? Support your answer with reasons?
6. What are "Best Boards"? What parameters were set for the evaluation of the "best boards" by
The Business Today- AIMS study of the Best Boards, 1997.
Assignment 'B'
Notes: Marks : 15
Analytical Questions
2. The CII desirable code of corporate governance stresses more on the role of Board of Directors
and therefore has only limited value. Comment.
5. Discuss the various developments in the field of Corporate Governance in India in recent years?
6. What is a code of good Corporate Governance? Do you consider it can serve any useful purpose
in improving governance? Support your answer with examples.
Assignment 'C'
Notes: Marks : 10
5. As per Raja J Chelliah, weakness in the system of governance in India can only be remedied
through:
a) Stricter laws
b) Movement of moral regeneration
c) Codes of conduct
d) More privatization
10. In the public sector who selects/ appoints the board members:
a) The PSU concerned
b) Controlling administrative ministry
c) The BOD
d) Financial institutions
17. The directors appointed by financial institutions on the BOD are called:
a) Non-executive directors
b) Executive directors
c) Nominee directors
d) Institutional directors
23. Cadbury Committee along with its report published a document which was called:
a) Code of conduct for corporates
b) Code of ethical conduct
c) Code of best practices
d) None of the above
24. Which one of the following was not a section of the above document?
a) Role of board of directors
b) Role of the outside non-executive directors
c) Executive directors and their remunerations
d) Evaluation of the BOD
25. In respect of auditing which of the following aspects is not a part of Cadbury Report.
a) Importance of audit
b) Professional objectivity
c) Rotation of auditors
d) Fixed auditors
26. Which one of the following organizations have not contributed to rising awareness about good
corporate governance.
a) EEC
b) OPEC
c) GATT
d) WTO
27. Who prepared the report titled "Desirable Corporate Governance in India -A Code":
a) Government of India
b) FICI
c) CII's Task Force
d) UTI
28. The above report was based on the draft report prepared by:
a) Dr. Goswami
b) FICCI
c) Dr. C V Alexander
d) Mr. Kumaramangalam
30. Desirable Corporate Governance: A Code (DCGC) recommends that the full board should meet
minimum of following items:
a) Six times a year
b) Once a year
c) Twice a year
31. The National Task Force on Corporate Governance (set up by CII) was headed by:
a) Dr. Goswami
b) Mr. Rahul Bajaj
c) Dr. Omkar Goswami
d) Mr. C K Birla
33. A value is a concept ___________(choose the word most suited to fill the blank).
a) Behavioural
b) Perceptual
c) Management
d) Decision
34. Which one of the following is not a major stakeholder in Corporate Governance?
a) Employees
b) Customers
c) Suppliers
d) Auditors
35. The ethics of Corporate Governance is therefore the determination of what is right, proper
and____________.
a) Good
b) Pleasing
c) Just
d) Practical
37. The subject of business ethics is multi-leveled. The three levels normally considered are
individual, organization and ____________.
a) Government
b) Society
c) Industry
d) Business
39. Ethical issues are truly managerial dilemma because they represent a conflict between an
organization economic performance and its:
a) Reputation
b) Growth
c) Social/ethical performance
d) Employees job satisfaction
40. Which one of the following is not a method of analysis of an ethical decision:
a) Economic analysis
b) Legal analysis
c) Ethical analysis
d) Cost-benefit analysis
42. Which one of the following is not a feature of implementing evaluation process in corporate
governance?
a) Vision
b) Planning
c) Ownership
d) Results
43. Which one of the following is not an essential feature of conducting board's performance
evaluation?
a) The directors themselves
b) The role of the board
c) The working style of the board
d) The composition of the board
45. Who should evaluate the performance of the CEO (when he is not the Chairman)?
a) Chairman
b) Whole board
c) Whole board (less CEO)
d) Promoters