Which of the Following Statements Is About Corporate Governance in Germany

question 104

Multiple Choice

Which of the following statements is about corporate governance in Germany is FALSE?

• A)The Vorstand (management board)of a German corporation makes decisions about strategy and management.
• B)The Vorstand is elected by the firm's employees.
• C)Employees, union members, and shareholders appoint members to the Aufsichsrat (the supervisory tier of the board).
• D)Large institutional investors such as pension funds, and insurance companies are relatively insignificant owners of corporate stock.

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Definitions:

Economic Espionage

The unlawful targeting or acquisition of sensitive financial, trade, or economic information about competitors for competitive advantage.

Trade Secrets

Confidential business information that provides an enterprise a competitive edge and is protected from public disclosure.

Proprietary Information

Information that is owned by a company and is kept confidential to maintain competitive advantage.

Anthropological Examination

A study or analysis conducted from the perspective of anthropology, focusing on human societies, cultures, and their development.