All of the following are part of the Corporate Governance Code that was jointly isssued by the Ministry of Industry and Commerce with the Central Bank in Bahrain in 2010,except
A)the company shall remunerate directors and officers fairly and responsibly.
B)at least two directors are current or former company executives.
C)the company shall be headed by an effective,collegial and informed board.
D)the company shall disclose its corporate governance.
E)the board shall establish a clear and efficient management structure.

Question

Quizplus · Accepted Answer

The Corporate Governance Code issued by the Ministry of Industry and Commerce with the Central Bank in Bahrain in 2010 requires that the company remunerate directors and officers fairly and responsibly, be headed by an effective, collegial, and informed board, disclose its corporate governance, and establish a clear and efficient management structure. However, it does not require that at least two directors must be current or former company executives.

All of the Following Are Part of the Corporate Governance