Critics of the existing governance system charge that inside directors often dominate the outsiders on the board.

Question

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Critics of the existing governance system argue that inside directors, who are usually executives or managers of the company, may have more power and influence than outside directors who are independent and bring an outside perspective to the board. This can lead to conflicts of interest and a concentration of power among a few insiders on the board.

Critics of the Existing Governance System Charge That Inside Directors