1.7 How corporate governance is maturing

Question 1

In 2009, the UK government announced a review to reccomend measures to improve the corporate governance of which sector?

Answer 1

The banking sector

Question 2

How has the UK Corporate Governance Code evolved to emphasise the importance of board dynamics?

Answer 2

The 2018 Code now references culture on page 1, and in two of the 5 headline principles. The Code also references diversity and the way in which members work together to achieve objectives.

Question 3

There is growing recognition since the 2000s that attention needs to be paid to the a_________ and b________ of individual directors and the b_____ as a whole.

Answer 3

attitudes
behaviours
board

Question 4

2013 research by Jeremy Cross found that which two factors were more important than board struvture in determining board performance?

Answer 4

Director competency

Board dynamics