Which of the following is true in regards to outside directors?
a. The trend around the world is to introduce less outside directors.
b. In the United States, less than a half century ago, most boards were made up entirely or largely of outside directors.
c. Many US firms are now favoring a board that is entirely made of people who are insiders due the need for people who can understand the increasing complexity of MNEs.
d. Japanese boards have not waited until they are in financial difficulty to bring in outside directors from banks.
e. Academic research has failed to empirically establish a link between the outsider/insider ratio and firm performance.

Question

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The Answer of Which of the following is true in regards to outside directors?
a. The trend around the world is to introduce less outside directors.
b. In the United States, less than a half century ago, most boards were made up entirely or largely of outside directors.
c. Many US firms are now favoring a board that is entirely made of people who are insiders due the need for people who can understand the increasing complexity of MNEs.
d. Japanese boards have not waited until they are in financial difficulty to bring in outside directors from banks.
e. Academic research has failed to empirically establish a link between the outsider/insider ratio and firm performance.

Which of the Following Is True in Regards to Outside