Quizzez From Lessons Flashcards
Which corporate governance system does Germany have?
One-tier model
Does the US corporate governance law require employee representation?
No
In Germany, are managers allowed to sit on the supervisory board?
No
The impact of stakeholder orientation (consistuency statute) on innovation is…
Positive
Statistically significant at the 1% level
Firms with jobs that require a higher concentration of green skills have higher future profitability. We expect…
Beta 1 (formula) to be positive
GCGC: The supervisory board MUST provide supervision and advice on sustainability issues
True
GCGC: The management board MUST consider sustainability issues
False
Two-tier system: shareholders appoint all members of the supervisory board?
False
Two-tier system: the supervisory board appoints the members of the management board
True
A tight labor market for CEOs has an impact on the following corporate governance factors
Compensation
Performance evaluation
Succession planning
Talent development and retention
Firms are required to have a chief sustainability officer (CSO)
No
What are the tangible/financial goals that may be improved with sustainability initiatives?
Improve margins
Improve sales
Improve valuation
What are the characteristics of a social business?
Dividends are not paid out
Main purpose is to promote, encourage and make social change
The materiality matrix includes the following dimentions
Importance to stakeholders
Business impact
The sustainable finance taxonomy is a
Regulation
