Which of the Following Statements Is FALSE

question 11

Multiple Choice

Which of the following statements is FALSE?

• A) It is important to keep in mind that good governance is value enhancing and so, in principle, is something investors in the firm should strive for.
• B) Corporate governance is a system of checks and balances that trades off costs and benefits.
• C) Because good governance is based upon a basic set of principals, like those detailed in the Cadbury Commission's findings, one should expect all firms to display similar governance structures.
• D) The costs and benefits of a corporate governance system also depend on cultural norms.

---

Definitions:

Empirical Support

Evidence-based confirmation obtained through observation, experimentation, or measurement.

Bioecological Model

A theoretical model that explores the complex interactions between individuals and their environment, highlighting the multiple layers of influence on human development.

Individual

A single, distinct person distinguished from others by unique characteristics, thoughts, feelings, and actions.

Family

A social unit or group of people related by blood (consanguinity), marriage (affinity), or adoption, bound by shared values, traditions, culture, and love, often living together and supporting one another.