Corporate governance in ____ enterprises has relatively weak external and weak internal governance mechanisms.

Question

Quizplus · Accepted Answer

State-owned enterprises are typically established and controlled by the government, which can make it difficult to implement strong external governance mechanisms like market competition or shareholder activism. Internal governance mechanisms may also be weak due to hierarchical management structures and a lack of independent board members.

Corporate Governance in ____ Enterprises Has Relatively Weak External and Weak