Over the past several decades,the composition of the typical board has shifted from
A)one controlled by insiders to one controlled by outsiders.
B)one controlled by outsiders to one controlled by insiders.
C)one controlled by insiders to one controlled by government agencies.
D)None of the above.

Question

Quizplus · Accepted Answer

In the past, boards of directors were often made up mainly of company insiders, such as top executives or major shareholders. In recent years, there has been a trend towards increasing the proportion of outside directors with diverse backgrounds and expertise. This is partly due to concerns about conflicts of interest and a desire for greater accountability and transparency in corporate governance. Therefore, option A is the correct choice.

Over the Past Several Decades,the Composition of the Typical Board