Commonsense Corporate Governance Principles Include All of These EXCEPT

question 23

Multiple Choice

Commonsense Corporate Governance Principles include all of these EXCEPT:

• A) Truly reciprocal corporate boards are vital to effective governance, so all boards should be beholden to the CEO or management
• B) Diverse boards make better decisions, so every board should have members with complimentary and diverse skills, backgrounds, and experiences
• C) Every board needs a strong leader who is independent of management
• D) Effective governance requires constructive engagement between a company and its shareholders

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.