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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.

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  • 1. 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.