
The UK Corporate Governance Code requires that the percentage of the board of directors of a listed company (excluding the chairman) who should be independent non-executive directors is?
Select ONE answer:
- 1.Between 10% and 24 %
- 2.Between 25% and 39 %
- 3.Between 40% and 49 %
- 4.50 % or over
Show your workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 4
- Not correct
- Not correct
- Not correct
- Correct == > One of the provisions supporting main principle B1 (effectiveness: the composition of the board) is that at least 50% of the board, excluding the chairman, should be independent non-executive directors.

This work is licensed under a Creative Commons Attribution 4.0 International License.

You must be logged in to post a comment.