All of the following are principles of good organizational governance, as established by BusinessWeek, EXCEPT
A) each director attends at least 75 percent of all meetings.
B) the audit, compensation and nominating committees are made up solely of outside directors.
C) each director owns a large equity stake in the company.
D) at least three directors are current or former company executives.
E) the CEO is not also the Chairperson of the Board.

Question

Quizplus · Accepted Answer

Having at least three directors who are current or former company executives is not typically considered a principle of good organizational governance, as it may compromise the independence of the board.

All of the Following Are Principles of Good Organizational Governance