To promote more effective corporate governance, institutional investors generally prefer

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Institutional investors generally prefer more independent outside directors because they can provide objective and unbiased oversight of management and bring different perspectives and expertise to the board. Having too many interdependent inside directors can lead to conflicts of interest and complacency, as they may be more aligned with management. Having too few independent outside directors can also limit the board's ability to hold management accountable and make effective decisions. Therefore, having a balanced mix of directors with diverse backgrounds and experiences is preferred by institutional investors for effective corporate governance.

To Promote More Effective Corporate Governance, Institutional Investors Generally Prefer