Each ASX Corporate Governing Principle Is Supported by Several Recommendations

question 39

Multiple Choice

Each ASX Corporate Governing Principle is supported by several recommendations. If the board of a listed company decides that a recommendation is not appropriate for their company:

• A)the company will immediately be suspended from listing.
• B)the company must explain why it has not adopted the recommendation.
• C)the company can just ignore the recommendation.
• D)the company board of directors will be dismissed.

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Definitions:

Innovators

Individuals who are the first to adopt new products, services, or ideas, often helping to spread them to the wider population.

Late Majority

Late Majority consists of individuals who adopt new products or innovations after the average member of a society, typically displaying skepticism and waiting until the majority has tested the innovation.

Diffusion Of Innovation

A theory that seeks to explain how, why, and at what rate new ideas and technology spread through cultures.

Late Majority

A group of adopters who are slower than the average participant to embrace new ideas, technologies, or products.