The System of Corporate Governance Employed by Companies in a Given

The system of corporate governance employed by companies in a given country

A) Defines the financial and legal framework for regulating the relationship between a company's management and its shareholders.
B) Can be either "outsider" or bank-based as in Japan and Europe, or "insider" or stockholder-based as in the U.S.
C) Defines the financial and legal framework for regulating the relationship between a company's management and its creditors.
D) All of the statements above are correct.
E) Only statements a and b are correct.