From a corporate governance standpoint, some of the most valuable, rare, and hard-to imitate firm-specific resources are the skills and abilities of top managers and directors.

Question

Quizplus · Accepted Answer

Top managers and directors possess valuable knowledge, experience, and skills that are difficult for competitors to replicate, making them a rare and valuable resource for a company's corporate governance.

From a Corporate Governance Standpoint, Some of the Most Valuable