Institution-Based Considerations in Governance Include All of the Following EXCEPT

question 38

Multiple Choice

Institution-based considerations in governance include all of the following EXCEPT:

• A)Formal institutional framework.
• B)International experience of senior executives.
• C) Impact of informal norms and values.
• D) Lack of legal protection and its impact regarding large shareholders in emerging economies.

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Definitions:

Administration Costs

Expenses associated with the general operation of a business, including office supplies, utilities, and executive salaries, but excluding production and marketing costs.

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.

Benefits Vendors

Companies or service providers that offer and manage benefits such as health insurance, retirement plans, and other perks for employees on behalf of employers.

Benefits Costs

The expenses incurred by an organization in providing non-wage compensations such as health insurance, pensions, and paid leave to its employees.