The costs and benefits of a corporate governance structure ________.

Question

Quizplus · Accepted Answer

The costs and benefits of a corporate governance structure depend on cultural norms. Governance practices that work well in one country may not work in another due to differences in cultural expectations and institutions. For example, a shareholder-centered governance system may be well-suited to the United States, but may not be as effective in Japan due to cultural norms of consensus and group decision-making.

The Costs and Benefits of a Corporate Governance Structure ________