An Effective Governance Arrangement Exists When the CEO Is Also

question 49

True/False

An effective governance arrangement exists when the CEO is also the chairman of the board of directors.

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Definitions:

Focal Role

The central or most important role that an entity or individual plays in a specific context or system.

Intragroup Conflict

Disagreements or disputes that occur within a group, team, or organization, which can arise from differences in opinions, goals, or working styles among its members.

Groupthink

A phenomenon in which the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.

Group Loyalty

A sense of commitment and solidarity among members of a group towards their group and its goals.