CORPORATE GOVERNANCE BOARD QUESTIONS WITH ANSWER
Table of Contents
VERY SHORT ANSWER QUESTIONS [ 2 MARKS]
1. 2023 Fall Q. No. 10
Point out some impacts of corporate governance on the society.
Answer: Corporate governance promotes transparency, ethical practices, and accountability, which help build public trust. It encourages fair treatment of stakeholders, reduces corruption, and supports sustainable economic growth.
2. 2023 Spring Q. No. 7/ 2017 Fall Q. No 7
What are the significance of corporate governance?
Answer: Corporate governance ensures transparency, accountability, and ethical decision-making. It protects shareholders’ rights, improves organizational performance, and promotes economic stability.
3. 2022 Fall Q. No. 7
List any six significances of a strong Corporate Governance.
Answer: The six significance of a strong Corporate Governance are,
(i) Builds stakeholder trust
(ii) Ensures accountability
(iii) Enhances organizational performance
(iv) Reduces risks
(v) Attracts investments
(vi) Promotes ethical practices.
4. 2021 Spring Q. No. 5
Define corporate governance.
Answer: Corporate governance is a system of rules, practices, and processes used to direct and manage a company. It ensures accountability, fairness, and transparency in organizational operations.
5. 2021 Spring Q. No. 7
Explain briefly the stewardship theory.
Answer: Stewardship theory suggests that managers, as stewards, act in the best interests of the company and its stakeholders. It emphasizes trust, collaboration, and long-term organizational success over personal gains.
6. 2021 Spring Q. No. 8
Distinguish between corporate citizenship and corporate governance.
Answer: Corporate citizenship focuses on a company’s responsibility towards society and the environment, emphasizing social and ethical contributions. Corporate governance ensures proper management and accountability within the organization.
7. 2021 Fall Q. No. 6
Make a distinction between agency theory and transaction cost economics.
Answer: Agency theory focuses on resolving conflicts between owners (principals) and managers (agents). Transaction cost economics deals with minimizing costs of transactions and governance within and between organizations.
8. 2020 Fall Q. No. 3
Briefly state the OECD principles of corporate governance.
Answer: The OECD principles include ensuring shareholder rights, equitable treatment of stakeholders, transparency in disclosures, and accountability in decision-making processes.
9. 2019 Spring Q. No. 5
Define Corporate Governance.
Answer: Corporate governance is a system of rules, practices, and processes used to direct and manage a company. It ensures accountability, fairness, and transparency in organizational operations.
10. 2019 Fall Q. No. 2
Outline the major principles of corporate governance.
Answer: The major principles of corporate governance include accountability, transparency, fairness, and responsibility towards all stakeholders.
11. 2019 Fall Q. No. 3
Outline the OECD principles of corporate governance.
Answer: The OECD principles include ensuring shareholder rights, equitable treatment of stakeholders, transparency in disclosures, and accountability in decision-making processes.
12. 2018 Spring Q. No. 8
What do you mean by governance gap?
Answer: A governance gap refers to the failure of institutions or systems to meet the expectations of stakeholders or fulfill their responsibilities effectively.
13. 2017 Spring Q. No. 8
What are the scopes of corporate governance?
Answer: The scopes of corporate governance includes ensuring transparency, improving accountability, protecting stakeholder interests, and supporting ethical and sustainable growth.
14. 2017 Fall Q. No. 8
What are the scopes of corporate governance?
Answer: The scopes of corporate governance includes ensuring transparency, improving accountability, protecting stakeholder interests, and supporting ethical and sustainable growth.
15. 2016 Fall Q. No. 8
What is Agency Theory?
Answer: Agency theory explains the relationship between principals (owners) and agents (managers), focusing on resolving conflicts of interest to align their goals.
16. 2017 Fall Q. No. 7
List out the major challenges of good governance.
Answer: The major challenges of good governance challenges include corruption, lack of accountability, weak institutions, resistance to change, and inadequate stakeholder involvement.
17. 2018 Spring Q. No. 7
What do you mean by governance gap?
Answer: A governance gap arises when governance systems fail to meet stakeholder expectations or effectively address their responsibilities.
DESCRIPTIVE ANSWER QUESTIONS [ 10 MARKS]
18. 2023 Fall Q. No. 15
Explain in details the theories governing corporate governance. Click Here for Answer
19. 2023 Fall Q. No. 17
Explain the challenges of good corporate governance system in the context of Nepal. Click Here for Answer
20. 2023 Spring Q. No. 15 / 2019 Spring Q. No. 15
Compare and contrast agency theory, transaction cost economics, and stewardship theory of corporate governance. Which one of these theories do you think is superior? Explain. Click Here For Answer
21. 2022 Fall Q. No. 15
Corporate governance is essential for conducting business as per the rules and regulations. The importance of governance is increasing in developing countries like Nepal. In this context, explain its impact on business, society, and economy. Click Here for Answer
22. 2021 Spring Q. No. 17
Compare and contrast agency theory, transaction cost economics, and stewardship theory. Which one do you think is superior and why? Explain. Click Here For Answer
23. 2021 Fall Q. No. 15
Explain in detail the theories governing corporate governance. Click Here for Answer
24. 2019 Fall Q. No. 16
Define Corporate Governance. Explain the relevance of Corporate Governance. Do you think better governance practices boost corporate performance? Give your point of view. Click here for Answer
25. 2018 Spring Q. No. 12
Compare and contrast agency theory, transaction cost economics, and stewardship theory of corporate governance. Which one of these theories do you think is superior? Why? Click Here For Answer
26. 2018 Fall Q. No. 13
Differentiate agency theory and stewardship theory of corporate governance. Click Here For Answer
27. 2017 Spring Q. No. 16
Define corporate governance. Explain the impact of corporate governance on business and society. Click Here for Answer
28. 2017 Fall Q. No. 15
Explain the agency theory of corporate governance. Click here for Answer
29. 2016 Spring Q. No. 15
Define Corporate Governance, its scope, and its principles. Click Here for Answer