Which of the following statements about best practices in corporate governance and risk management is most accurate?
A. The board should keep the risk committee separate from the audit committee.
B. The board should ensure that it has the firm’s chief risk officer as a member of the board.
C. The board should focus on management’s actions and their impact on the interests of the firm’s shareholders.
D. The board should focus on accounting performance instead of economic performance because of the importance of maintaining or enhancing the firm’s stock price.
解析：The risk committee should be separate from the audit committee given the different knowledge base and skills required in each area . Choice B is not correct because the firm's chief risk officer (CRO) is technically a member of management but does attend board meetings regularly. Although the CRO may report to management and/or the board, the CRO should not be a member of the board. Choice C is not correct because the board should consider the impact on all of the firm's stakeholders (i.e., debtholders, shareholders) and not just the shareholders. Choice D is not correct because the board should ensure that business and risk management strategies should strive for economic performance, not accounting performance.
易错点分析：Risk advisory director 属于董事会成员