CSEET · Economic and Business Environment · Elements of Corporate Governance
According to section 134(3)(p), in the case of a listed company, the Board's report must include a statement on:
A listed company's Board report must state how the formal annual evaluation of the performance of the Board, its committees and individual directors was made. This requirement comes from section 134(3)(p); the other options are not prescribed contents of the report.
- AThe manner in which formal annual evaluation of the performance of the Board, its Committees and individual directors has been madeCorrect
- BThe personal net worth of each independent director
- CThe names of all shareholders holding fewer than 100 shares
- DThe auditors' private remuneration from other clients
Explanation
Section 134(3)(p) requires, for listed companies and certain public companies, a statement indicating how the formal annual evaluation of the Board, its Committees and individual directors was carried out. The other items are not required contents.
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