Accounting · Corporate Governance
Which of the following is a standard requirement contained within best practice corporate governance guidelines for listed companies?
- 1All executive directors should be exempt from periodic re-election by shareholders
- 2The remuneration of non-executive directors should consist of performance-related elements
- 3The chief executive officer should be responsible for leadership of the board and ensuring its effectiveness
- 4The remuneration committee should consist exclusively of independent non-executive directors✓
Correct answer
The remuneration committee should consist exclusively of independent non-executive directors
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