| Q.N. | Determinants/Variables | 5 | 4 | 3 | 2 | 1 |
|---|---|---|---|---|---|---|
| The rights of shareholders are recognized by your firm | ||||||
| Board Size and composition have an influence on leverage decisions | ||||||
| Corporate laws and regulations are observed by your firm | ||||||
| Independent directors are on board (at least 10%) | ||||||
| The rights of stakeholders are protected by law. | ||||||
| Financial reports are timely prepared and delivered to stakeholders | ||||||
| Firms can freely appoint auditors | ||||||
| Your firm provides fairly, timely and cost effective information | ||||||
| Annual general meeting(AGM) is regularly held | ||||||
| There is female board member participation on the board. |
Note: Strongly agree = 5; Agree = 4, neutral = 3; Disagree = 2; strongly disagree = 1.