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Basic Question 3 of 28
Which of the following best describes the corporate governance responsibilities of board members?
B. Establish global best practice standards for proxy voting.
C. Ensure that at board meetings no subject is off the table for discussion and dissent is regarded as an obligation.
D. Ensure that the board negotiates with the company over all matters such as compensation.
A. Establish long-term strategic objectives for the company.
B. Establish global best practice standards for proxy voting.
C. Ensure that at board meetings no subject is off the table for discussion and dissent is regarded as an obligation.
D. Ensure that the board negotiates with the company over all matters such as compensation.
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe corporate governance and mechanisms to manage stakeholder relationships and mitigate associated risks
CFA® 2025 Level I Curriculum, Volume 2, Module 3.