The Three Internal Corporate Governance Mechanisms Are Ownership Concentration, Board

question 125

True/False

The three internal corporate governance mechanisms are ownership concentration, board of directors, and the market for corporate control.

---

Definitions:

Federal Jurisdiction

The legal authority granted to federal courts to hear and decide cases involving issues that pertain to the Constitution, federal laws, or controversies between states.

Expectancy Theory

A motivation theory stating that individuals are motivated to act in a certain way based on the expectation that their action will lead to a desired outcome.

Organizational Rewards

Incentives or benefits provided by an organization to its employees as a form of recognition for their contributions or performance.

Equal Pay

The legal and ethical principle that individuals should receive equal payment for work of equal value, regardless of gender, ethnicity, or other discriminatory factors.