Which statements about boards of directors are correct?
A) Outside directors are employees or people who have other ties to the company.
B) Outside directors provide a method of balancing power and a system of checks and balances to help prevent corruption.
C) The potential problem of inside directors is that they are often beholden to the CEO and may agree with whatever the executive wants.
D) Board members are balanced in gender and ethnicity.
E) Outside directors are rarely friends of a company's CEO, and thus provide fair and impartial opinions about the business's operations.
Correct Answer:
Verified
Q12: List five rights of a stockholder.
Q13: Describe due process.
Q14: What was the Norris-LaGuardia Act?
Q15: What are labor unions? Why is it
Q16: List at least five aspects of the
Q18: Which of the following are rights of
Q19: Which statements about corporate stakeholders and their
Q20: Which statement about employee rights is not
Q21: The _doctrine holds that the employment relationship
Q22: The Electronic Communications Privacy Act of 1986
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