Regarding Board Size,researchers Have Found That

question 3

Multiple Choice

Regarding board size,researchers have found that:

• A)smaller boards are associated with greater firm value and performance,since small groups make better decisions than larger groups.
• B)smaller boards are associated with lower firm value and performance,since small groups are more likely to be compromised by connections to management.
• C)larger boards are associated with greater firm value and performance,since larger boards tend to have directors with a more diverse range of backgrounds and talents.
• D)larger boards are associated with lower firm value and performance,since larger groups are more likely to be compromised by connections to management.

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Definitions:

Personal Moral Philosophy

An individual's set of beliefs, values, and principles that guide their understanding of right and wrong and influence ethical decision-making.

Ethical Behavior

Actions or practices conducted in accordance with recognized moral principles or standards, crucial in maintaining trust and integrity in business.

Whistle-blower

An individual who exposes illegal, unethical, or improper conduct within an organization, often risking their own career or well-being.

Consumer Product Safety Commission

A U.S. federal agency responsible for the regulation of the sale and manufacture of consumer products to ensure their safety.