Which of the Following Is FALSE About Corporate Governance in China

question 87

Multiple Choice

Which of the following is FALSE about corporate governance in China?

• A) The Chinese governance system may be tilting towards the Western model.
• B) With increasing frequency, the compensation of top executives of Chinese companies is closely related to prior and current financial performance of the firm.
• C) The state still uses direct and/or indirect controls to influence the strategies employed by most firms.
• D) Firms with higher state ownership tend to have lower market value and more volatility in those values over time.

Understand the concept of opportunity costs and its application in decision making.

Identify the distinction between positive and normative statements and their roles in economics.

Recognize the economizing problem as a fundamental economic issue.

Understand the assumptions and limitations of economic models and theories.

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Definitions:

Gametophyte Generation

The haploid, gamete-producing phase in the life cycle of plants and algae that alternates with the sporophyte generation.

Gymnosperms

A group of seed-producing plants that includes conifers, cycads, Ginkgo, and gnetophytes, characterized by seeds not enclosed in an ovary.

Diploid

Referring to cells or organisms having two sets of chromosomes, one set inherited from each parent.

Sporophyte Generation

The diploid phase in the life cycle of plants and algae that produces spores through meiotic division, alternating with the gametophyte generation.