Which of the Following Is True of Japan's Corporate Governance

question 30

Multiple Choice

Which of the following is true of Japan's corporate governance structure?

• A) A market for corporate control is emerging.
• B) Government intervention is increasing.
• C) Stockholders are becoming more passive.
• D) Relationships between corporations and the government are no longer close.

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Definitions:

Socio-cultural Norms

The shared expectations and rules that guide behavior of people within social groups, influenced by societal and cultural factors.

Group Pressures

The influence exerted by a group on its members to align their behavior, attitudes, or beliefs with the group's norms and values.

Resistance to Change

The act of opposing or struggling with modifications or transformations that alter the status quo of the workplace or organization.

Planned Change Effort

Involves deliberate attempts to improve organizational effectiveness or adapt to external changes through systematic steps and strategies.