All of the Following Are Principles of Good Organizational Governance

question 4

Multiple Choice

All of the following are principles of good organizational governance, as established by BusinessWeek, EXCEPT

• A) each director attends at least 75 percent of all meetings.
• B) the audit, compensation and nominating committees are made up solely of outside directors.
• C) each director owns a large equity stake in the company.
• D) at least three directors are current or former company executives.
• E) the CEO is not also the Chairperson of the Board.

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Definitions:

Multiple Comparison Methods

Refers to statistical techniques used to evaluate differences among group means in a situation where multiple groups are being compared.

ANOVA

A statistical method (Analysis of Variance) used to compare means among three or more groups for significant differences.

Tukey's Multiple Comparison

Tukey's multiple comparison test is a statistical method used to find means that are significantly different from each other after performing an ANOVA, while controlling for Type I error across comparisons.

Fisher's LSD

A statistical method for testing the significant differences between means in a set of three or more sample groups.