Which of the Following Statements Best Describes the Current Trends

Which of the following statements best describes the current trends in corporate governance?

A) Most companies are already using a shareholder orientation with formal governance.
B) Businesses are moving towards a stakeholder orientation with looser corporate governance.
C) Forces are driving businesses toward the stakeholder orientation and more formal governance.
D) Companies are turning to a shareholder orientation with a more informal corporate governance system.
E) Businesses are gravitating toward the stakeholder orientation because the costs involved are decreasing.