Two Important Issues in Corporate Governance Are (1) the Rules

question 22

True/False

Two important issues in corporate governance are (1) the rules that cover the board's ability to fire the CEO and (2) the rules that cover the CEO's ability to remove members of the board.

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Definitions:

Always The Boss

A colloquial term indicating someone who consistently asserts authority or dominance in situations.

Political Tactic

A strategy or action aimed at gaining advantage or power within a political or organizational context.

Consideration

In contract law, something of value exchanged between parties that is necessary for a valid contract.

Leadership Behavior

Actions, attitudes, and practices exhibited by leaders, influencing their effectiveness in guiding, inspiring, and managing others.