More than ________ of outside directors surveyed said that they had been named as part of a lawsuit against the corporation.

Question

Quizplus · Accepted Answer

It is important for corporations to have outside directors on their board to provide an independent perspective. However, serving as an outside director also comes with some risks, as they can be held liable for the actions of the corporation. According to the question, only 40% of outside directors surveyed said they had been named as part of a lawsuit against the corporation, suggesting that the majority of outside directors have not faced legal action related to their board service.

More Than ________ of Outside Directors Surveyed Said That They