Julio Antonio Raya Rojas

3359833

UNIVERSIDAD POPULAR AUTÓNOMA

DEL ESTADO DE PUEBLA

Administración Financiera y Bursátil

Gobierno Corporativo

Capitulo 1

Alumno: Julio Antonio Raya Rojas

Matrícula: 56200400
ID: 3359833

Fecha de entrega: 29/1/2023

Self-test questions
Julio Antonio Raya Rojas
3359833

1- Define corporate governance. is the system by which companies are

directed and controlled. 

2- What are the main attributes of the limited-liability company. separate legal
existence, limited liability, flexibility in taxation, and simplicity in operation

3- What is the basis of corporate power? means the power and authority of a

Business Entity, under the terms of its Governing Documentation and
applicable law

4- What did the classical Berle and Means(1932) study emphasize?

advocated embedded voting rights for all shareholders, greater
transparency, and accountability.

5- What was the response of the UK Bullock Committee Report(1977)?UK to

retain unitary boards. recommended a system of worker directors on the
boards of large private companies. operated by Accounting Standards
Steering Committee (ASSC) and by major accounting bodies.

6- What did the Corporate Report (1975) from the UK Accounting Standards.
was published to create a focus on the usefulness of published financial
statements
Julio Antonio Raya Rojas
3359833

7- Name some corporate collapses in the 1980s that led to the first studies of
corporate governance. Medici bank, mississippi company, south sea
company, danatbank,etc.
8- What was the first official report on corporate governance and why was it
commissioned?
What were the major recommendations of the Cadbury Report? The
Cadbury Report, titled Financial Aspects of Corporate Governance, The
recommendations, which largely reflected perceived best practice at the
time, included separating the roles of CEO and chairman, having a minimum
of three non-executive directors on the board and the formulation of audit
committees.

9- Name some financial institutions in the United States that failed during the
slobal financial crisis. Douglass National Bank, Hume Bank, ANB Financial
NA, First Integrity Bank, NA,etc.

10-What additional dimension did the Australian Hilmer Report add to the
conformance and compliance concepts of corporate governance?CG is
about performance as well as conformance. extending the reach of the
Trade Practices Act. introducing arrangements for third party access to
nationally significant infrastructure.