Which of the following is true of Anglo-American corporate governance systems but not true of German-Japanese systems?

Question

Quizplus · Accepted Answer

Anglo-American corporate governance systems rely mostly on exit-based external systems, such as the stock market, where shareholders can sell their shares if they are dissatisfied with management, unlike the German-Japanese systems which are more bank-oriented and network-based.

Which of the Following Is True of Anglo-American Corporate Governance