Which of the following is a stated principle of a NYSE repor

Which of the following is a stated principle of a NYSE report identifying key core governance principles?

Members of the Board of Directors should be primarily independent members.

Effective corporate governance should be viewed as a compliance obligation.

Effective corporate governance should be integrated with the company’s business strategy.

The Board of Directors has the primary responsibility for creating a culture of integrity and ethical behavior.

Solution

Ans: option c

Reason : ONE OF THE 10 KEY GOVERNANCE PRINCIPLE STATED IN NYSE REPORT STATED THAT effective corporate governance should be taken as integrated business strategy rather than a compliance obligation.