All of the Following Are Principles of Good Organizational Governance

question 109

Multiple Choice

All of the following are principles of good organizational governance, as established by Business Week, except:

• A) No directors do business with the company or accept consulting or legal fees from the firm.
• B) The audit, compensation and nominating committees are made up solely of outside directors.
• C) Each director owns a large equity stake in the company, excluding stock options.
• D) At least two directors are current or former company executives.
• E) The CEO is not also the Chairperson of the Board

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Definitions:

Remittances

Money sent by migrants to their home country, often to support family members.

Migration

The movement of people from one place to another with the intention of settling temporarily or permanently in the new location.

Wage Equalization

The concept of aligning wages or salaries across different regions, industries, or roles to achieve fairness and balance.

Remittances

Money sent by individuals working abroad back to their home country, often to support family members.