Economics · Corporate Governance
According to corporate governance principles, which of the following features represent internal control or governance deficiencies that a company would need to address prior to listing? (1) The chair has sole responsibility for liaising with shareholders. (2) The company has not established an internal audit function. (3) The chair and one of the Non-Executive Directors (NEDs) are former executive directors of the company.
- 11, 2 and 3✓
- 22 and 3 only
- 31 and 3 only
- 41 and 2 only
Correct answer
1, 2 and 3
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