Merging the Roles of the Chief Executive Officer and the Chairperson

question 18

Multiple Choice

Merging the roles of the chief executive officer and the chairperson of the board of an organization is advantageous because _____.

• A)the power of the stockholders and the independence of the board are increased
• B)the power vested in external public shareholders is decreased
• C)the checks that the board set in place against unethical behavior become more effective
• D)the board is led by someone familiar with the inner workings of the organization

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Definitions:

Authorized Expenditures

Expenditures that are officially approved or sanctioned by an authoritative body or individual, often within an organizational or governmental context.

Narrow Specifically

Focusing or specializing in a very specific or narrow area or topic.

Earmarks

Provisions within legislation that allocate funds for specific projects, often without proper review or competition.

Specifically Designated

Refers to items, locations, or statuses that have been identified and chosen for a special purpose or assignment.