Which of the following practices are not recommended practices according to the King IV Report on Governance? (Please no
Posted: Sun Jun 05, 2022 7:11 am
Which of the following practices are not recommended practices
according to the King IV Report on Governance?
(Please note there could be more than one correct
alternative.) Select all the correct
alternatives.
Select one or more:
a.
A retiring CEO should not be eligible for appointment as
chairperson of the board until a minimum period of 5 years since
his retirement has elapsed.
b.
The chairperson of the board should have served as the lead
independent non-executive director prior to being appointed as the
chairperson.
c.
The chairperson of the board should be an independent
non-executive director.
d.
The chairperson of the board’s appointment should be confirmed
every three years.
according to the King IV Report on Governance?
(Please note there could be more than one correct
alternative.) Select all the correct
alternatives.
Select one or more:
a.
A retiring CEO should not be eligible for appointment as
chairperson of the board until a minimum period of 5 years since
his retirement has elapsed.
b.
The chairperson of the board should have served as the lead
independent non-executive director prior to being appointed as the
chairperson.
c.
The chairperson of the board should be an independent
non-executive director.
d.
The chairperson of the board’s appointment should be confirmed
every three years.