One Feature of a Corporate Governance System Commonly Found Outside

question 36

Multiple Choice

One feature of a corporate governance system commonly found outside the U.S. is:

• A) Unitary board of directors
• B) Dual system of boards of directors
• C) No board of directors
• D) Acceptance of facilitating payments and bribery

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Definitions:

Explode

To burst or shatter violently and noisily as a result of rapid combustion, excessive internal pressure, or other processes.

Disparity

The existence of inequalities or differences in conditions, status, or treatment between people or groups.

Rich and Poor

Terms reflecting the socioeconomic disparity between individuals or groups with significant wealth and those living in conditions of poverty.

Upper Limit

The maximum capacity, value, or level that can be reached or permitted.