Chapter 4: Models of Corporate Governance 08458 - Good Governance and Social Responsibility Members: • Haincadto, Shenny Mae • Hallera, Hilary • Heruela, Kaye Marie • Labitad, Debby Joyce • Laurente, Elayah • Legaspi, Jannah Mae QUESTION: 1. It is very important for economic development, not only for the individual company, but also for the economy as a whole. ANSWER: GOOD CORPORATE GOVERNANCE QUESTION: 2. This model is characterized by share ownership of individual, and increasingly institutional, investors not affiliated with the corporation known as outside shareholders or outsiders. ANSWER: ANGLO-US MODEL QUESTION: 3. It is a common method of raising capital for corporations in the United Kingdom and the US. ANSWER: EQUITY FINANCING QUESTION: 4. This model is characterized by a high level of stock ownership by affiliated banks and companies. ANSWER: JAPANESE MODEL QUESTION: 5. This model governs German and Austrian corporations. ANSWER: GERMAN MODEL QUESTION: 6. A person who is either employed by the corporation can be an executive, manager, employee or somebody who has significant persona and/or business relationships with corporate management. ANSWER: INSIDER QUESTION: 7. A person or institution which has no direct relationship with the corporation or corporate management. ANSWER: OUTSIDER QUESTION: 8-9. What are the two routine corporate actions requiring shareholder approval under the Anglo-US model are: ANSWER: • ELECTION OF DIRECTORS • APPOINTMENT OF AUDITORS QUESTION: 1. It is very important for economic development, not only for the individual company, but also for the economy as a whole. ANSWER: SEAL OF APPROVAL