One Feature of Corporate Governance in Germany That Makes It

question 58

Multiple Choice

One feature of corporate governance in Germany that makes it stand out when compared to the U.S. is:

• A) A separate audit committee and a board of directors
• B) A unitary board of directors system
• C) A dual board of directors system
• D) Compliance with the Sarbanes-Oxley Act

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Definitions:

Preferences Need No Inferences

A principle suggesting that individuals' choices or preferences can be directly observed without needing to infer underlying motives or reasons.

Appraisal

The process of evaluating the significance of a particular event or situation, often considering one's own resources to handle it.

Judgment Goal

A cognitive objective focusing on forming evaluations or decisions about a particular subject or scenario.

Development Goal

Objectives set for personal or organizational growth that guide progress towards achieving a larger aspiration or purpose.