题目内容
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(b) Explain the roles of a nominations committee and assess the potential usefulness of a nominations committee
to the board of Rosh and Company. (8 marks)
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Saxophone Enterprises Co (Saxophone) has been trading for 15 years selling insurance and has recently become a listed company. In accordance with corporate governance principles Saxophone maintains a small internal audit department. The directors feel that the team needs to increase in size and specialist skills are required, but they are unsure whether to recruit more internal auditors, or to outsource the whole function to their external auditors, Cello & Co.
Saxophone is required to comply with corporate governance principles in order to maintain its listed status; hence the finance director has undertaken a review of whether or not the company complies.
Bill Bassoon is the chairman of Saxophone, until last year he was the chief executive. Bill is unsure if Saxophone needs more non-executive directors as there are currently three non-executive directors out of the eight board members. He is considering appointing one of his close friends, who is a retired chief executive of a manufacturing company, as a non-executive director.
The finance director, Jessie Oboe, decides on the amount of remuneration each director is paid. Currently all remuneration is in the form. of an annual bonus based on profits. Jessie is considering setting up an audit committee, but has not undertaken this task yet as she is very busy. A new sales director was appointed nine months ago. He has yet to undertake his board training as this is normally provided by the chief executive and this role is currently vacant.
There are a large number of shareholders and therefore the directors believe that it is impractical and too costly to hold an annual general meeting of shareholders. Instead, the board has suggested sending out the financial statements and any voting resolutions by email; shareholders can then vote on the resolutions via email.
Required:
(a) Explain the advantages and disadvantages for each of Saxophone Enterprises Co AND Cello & Co of outsourcing the internal audit department.
Note: The total marks will be split as follows:
Saxophone Enterprises Co (8 marks)
Cello & Co (2 marks) (10 marks)
(b) In respect of the corporate governance of Saxophone Enterprises Co:
(i) Identify and explain FIVE corporate governance weaknesses; and
(ii) Provide a recommendation to address each weakness.
Note: The total marks will be split equally between each part. (10 marks)
A recent survey of over 16,000 children made by the National Child Development Study in London revealed that children whose fathers came to school conferences and accompanied their children on outing did measurably better in school than those children whose fathers were not involved in those activities. The study, which monitored children born during a week in March, 1992, from the time of their birth through the years of their early schooling, further revealed that the children of actively involved fathers scored much higher in reading and math than those children whose only involved parent was the mother. The purpose of the study was to evaluate the role played by fathers in the raising of a child. It indicated a much higher level of parental involvement by the father than had been anticipated. Over 66% of the fathers were said to have played a major role in parental responsibility.
The study also suggested that the greatest level of paternal parenting took place in the families of only child. As the number of children and financial obligations increased, the father’s apparent intere4st and involvement with the children decreased. However, no matter what the size or financial condition of the family is, a father’s active participation in the child’s development made a definite difference in the child’s progress.
The study further revealed that while the frequency of overnight absences reflected a corresponding deficiency of the child’s level in math and reading, a father’s employment on night shifts appeared to have little effect on the child’s academic progress. The data from the study were obtained primarily through interviews from parents, teachers and physicians. The information evaluating the level of the father’s parenting performance was elicited primarily form. the admittedly subjective observations of the tier wives.
1. What is the main discovery made in the study？
A. A father’s influence played a significance role in the level of the child’s academic progress.
B. A much higher level of parental involvement of the father.
C. A father’s employment on night shifts appeared to have little effect on the child’s academic progress.
D. The greatest level of paternal parenting took place in the families of only child.
2. Which of the following statements is TRUE according to the passage？
A. Children whose fathers did not come to school conferences or accompany them on outing did better than those whose fathers were involved in those activities.
B. The more children a family has, the more interest and involvement the father has.
C. Children who have actively involved fathers did much better academically than those whose only involved parent was the mother.
D. The more overnight absences the father has, the worse the child’s level in math and chemistry is.
3. What’s the aim of the study？
A. To evaluate fathers’ abilities in involving in children’s activities.
B. To reveal fathers’ role in bringing up a child.
C. To compare children from large families with children from small ones.
D. To explain the differences between mothers’ and fathers’ role in raising a child.
4. Evidence indicated that fathers who were involved in the parenting process amounted to （）.
A. more than three-quarters of all the fathers
B. slightly less than half of the fathers studied
C. a little less than one hundred percent of all fathers
D. about two-thirds of the fathers involved in the study
5. The data accumulated were obtained through （）.
A. interviews, school records and physicians’ reports
B. conversations with mothers of the children
C. observations by social psychologists
D. observations of fathers with their children
A.examines how news providers take advantage of headlines
B.studies what can lead to the concept of information overload
C.discusses solutions for people who feel overwhelmed
D.reviews different attitudes to the digital consumption
Obama's success isn't all good news for black Americans
As Erin White watched the election results head towards victory for Barack Obama, she felt a burden lifting from her shoulders. "In that one second, it was a validation for my whole race," she recalls.
"I've always been an achiever," says White, who is studying for an MBA at Vanderbilt University in Nashville, Tennessee. "But there had always been these things in the back of my mind questioning whether I really can be who I want. It was like a shadow, following me around saying you can only go so far. Now it's like a barrier has been let down."
White's experience is what many psychologists had expected - that Obama would prove to be a powerful role model for African Americans. Some hoped his rise to prominence would have a big impact on white Americans, too, challenging those who still harbour racist sentiments. "The traits that characterise him are very contradictory to the racial stereotypes that black people are aggressive and uneducated," says Ashby Plant of Florida State University. "He's very intelligent and eloquent."
Sting in the tail
Ashby Plant is one of a number of psychologists who seized on Obama's candidacy to test hypotheses about the power of role models. Their work is already starting to reveal how the "Obama effect" is changing people's views and behaviour. Perhaps surprisingly, it is not all good news: there is a sting in the tail of the Obama effect.
But first the good news. Barack Obama really is a positive role model for African Americans, and he was making an impact even before he got to the White House. Indeed, the Obama effect can be surprisingly immediate and powerful, as Ray Friedman of Vanderbilt University and his colleagues discovered.
They tested four separate groups at four key stages of Obama's presidential campaign. Each group consisted of around 120 adults of similar age and education, and the test assessed their language skills. At two of these stages, when Obama's success was less than certain, the tests showed a clear difference between the scores of the white and black participants—an average of 12.1 out of 20, compared to 8.8, for example. When the Obama fever was at its height, however, the black participants performed much better. Those who had watched Obama's acceptance speech as the Democrats' presidential candidate performed just as well, on average, as the white subjects.After his election victory, this was true of all the black participants.
Dramatic shift
What can explain this dramatic shift？ At the start of the test, the participants had to declare their race and were told their results would be used to assess their strengths and weaknesses. This should have primed the subjects with "stereotype threat" – an anxiety that their results will confirm negative stereotypes, which has been shown to damage the performance of African Americans.
Obama's successes seemed to act as a shield against this. "We suspect they felt inspired and energised by his victory, so the stereotype threat wouldn't prove a distraction," says Friedman.
Lingering racism
If the Obama effect is positive for African Americans, how is it affecting their white compatriots (同胞)？ Is the experience of having a charismatic (有魅力的) black president modifying lingering racist attitudes？ There is no easy way to measure racism directly; instead psychologists assess what is known as "implicit bias", using a computer-based test that measures how quickly people associate positive and negative words—such as "love" or "evil"—with photos of black or white faces. A similar test can also measure how quickly subjects associate stereotypical traits—such as athletic skills or mental ability—with a particular group.
In a study that will appear in the Journal of Experimental Social Psychology, Plant's team tested 229 students during the height of the Obama fever. They found that implicit bias has fallen by as
A．Excited.
B．Victorious.
C．Anxious.
D．Relieved.
A.minor role
B. subject
C. joke
D. supplement
A.The figure of English
B.The speed of the spread of English
C.The role played by culture and the net
D.The role played by military expansion
E.The role played by education
F.The 2, 000 years of English
A.interrupted
B.interruption
C.interrupt
D.interrupting
A.The figure of English
B.The speed of the spread of English
C.The role played by culture and the net
D.The role played by military expansion
E.The role played by education
F.The 2, 000 years of English
