Which of the Following Statements About Corporate Governance Is incorrect

question 58

Multiple Choice

Which of the following statements about corporate governance is incorrect?

• A) Boards may be too compliant in endorsing or confirming the strategic initiatives of top management.
• B) Board members are increasingly expected to exercise control and take active roles in ensuring that strategic management of an enterprise is successful.
• C) Outside directors may be selected because they are friends of top management or at least are sympathetic to top management.
• D) Top management probably feels more performance accountability to boards of directors and other stakeholders in today's environment.
• E) Top management performance accountability to a board of directors relates only to financial concerns.

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