Second-Best practices Social Responsibility Courting Oppression Agency Principles-Based Securities Regulation
10
Toronto stock exchange
What does TSX stand for?
10
International Organization for Standardization
What does ISO stand for?
10
Canadian Business Corporations Act
What does CBCA stand for?
10
Combined code
The FRC has formulated a ____ Code on corporate governance.
10
Global Financial Crisis
What does GFC stand for?
20
True
One challenge to be confronted for corporate governance is transparency. True or False?
20
False!!!
Canadian corporations have shown a big appetite for social reporting. True or False?
20
Remedy
It is a common maxim of the law that there is no right without a ____?
20
False!
Under the democratic model of corporate governance there is not a compelling need to create and empower a public regulatory body. True or False?
20
Market
The lack of diversity and independence among regulators and industry may have contributed to over reliance on ____ discipline?
30
To disclose accurate and full information of financial matters to shareholders
What is the basic obligation on corporations?
30
Health and Safety
Social reporting could include the effects of a corporations products on consumer ___ and ___.
30
True!
The CBCA was based on the Dickerson Report of 1971. True or False?
30
Securities regulators
Who performs the bulk of regulation in regards to corporate governance?
30
False!
Legislators are in the best position to develop detailed guidelines for industry conduct. True or False?
40
Misrepresentations or omissions
Recent statutory amendments by the OSC require that CEOs and CFOs of all Canadian public companies personally certify that their annual filings contain no ____ or ____.
40
European Union
What part of the world has introduced legislative and regulatory measures which demand that corporations publicly disclose the social impact of their activities?
40
British Columbia
What province was the oppression remedy first introduced in?
40
Fourteen
In Canada, how many corporate law regimes are there?
40
Transparency, Accessibility, Congruence
Colin Diver identified three elements of regulatory precision. Name two.
50
Provincial securities regulators
These are administrative bodies established by the state and given considerable powers of enforcement
50
To insure that a broader range of social interests are taken into account in a corporation.
What is the central import of the democratic approach to corporate governance?
50
Shareholder rather than a Stakeholder
Employees can proceed with oppression remedies based on their status as a ____ rather than a ____.
50
Securities and Exchange commission (SEC)
What is the primary agency for overseeing corporate governance in the United States?
50
Precise and Certain
Two Pros of having a rules-based regulatory system?






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