Free AGRC ICCGO Exam Dumps Questions & Answers

The guiding charter for family companies includes:

• A.  Strengthening the cohesion of family members.
• B.  Establishing a balance between the interests of family members and the interests of the company.
• C.  All of the above.

The "Three Lines of Defense" model is one of the important tools for understanding and implementing risk management in companies. The second line in this model includes:

• A.  Governance and compliance.
• B.  All of the above.
• C.  Financial oversight.

There are some obstacles to the independence of board members, such as:

• A.  The member owning 5% or more of the company's shares.
• B.  The member owning 3% or more of the company's shares.
• C.  The member owning 10% or more of the company's shares.

The "Agency Theory" emerged:

• A.  As a result of a set of common interests between those responsible for the management process and the shareholders in companies.
• B.  To solve governance problems.
• C.  As a result of a set of disputes and problems between those responsible for the management process and the shareholders in companies.

Best practices generally indicate that the optimal number for forming the board of directors in family companies is:

• A.  ranging from 5 to 9 members
• B.  ranging from 3 to 7 members
• C.  ranging from 7 to 9 members