Even Though the Compliance the Cadbury Code of Best Practice

question 23

Multiple Choice

Even though the compliance the Cadbury Code of Best Practice is voluntary,

• A)the Cadbury Code has made a significant impact on the internal governance mechanisms of U.K. companies.
• B)the job security of U.K. chief executives has become more sensitive to the company performance, strengthening managerial accountability and weakening its entrenchment.
• C)joint CEO/COB (chief executive officer and chairman of the board) positions declined.
• D)all of the above

---

Definitions:

Lumber

Processed wood used for building and construction.

Equilibrium Quantity

The quantity bought and sold at the equilibrium price.

Expensive

Describes goods or services that have a high price or cost, often relative to similar items.

Mad Cow Disease

A neurological disorder in cattle that can be transmitted to humans, leading to a fatal brain disease known as variant Creutzfeldt-Jakob disease.