Which of the following is true in regard to outside directors?
A) The trend around the world is to introduce fewer outside directors.
B) In the United States, less than a half century ago, most boards were made up entirely or largely of outside directors.
C) Many U.S. firms are now favoring a board that is entirely made of people who are insiders due the need for people who can understand the increasing complexity of MNEs.
D) Academic research has failed to empirically establish a link between the outsider/insider ratio and firm performance.
Correct Answer:
Verified
Q52: Most large, publicly traded UK corporations are
Q53: An often-mentioned drawback of state -owned enterprises
Q54: In regard to global convergence:
A)Advocates argue that
Q55: In regard to family ownership, all of
Q56: Agency theory assumes that managers:
A)Have a responsibility
Q58: Which of the following is true regarding
Q59: Family ownership and control of large firms
Q60: Ownership will likely be diffused for:
A)A start-up
Q61: Many firms operate under the assumption that
Q62: Three decades of privatization suggest all of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents