Outside of the Anglo-American world, most large firms:

Question

Quizplus · Accepted Answer

In many countries outside of the Anglo-American world, large firms are typically owned and controlled by families or the state. This is known as a system of "corporate governance" and is prevalent in countries such as Japan, South Korea, and China. In these countries, ownership and control of large firms are tightly connected, with family members or government officials often serving as top executives.

Outside of the Anglo-American World, Most Large Firms