Which of the following is an example of a conflict of interest that an effective corporate governance

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Which of the following is an example of a conflict of interest that an effective corporate governance system would mitigate or eliminate?

A. A majority of the board is independent of management.

B. Directors identify with the managers’ interests rather than those of the shareholders.

C. Directors have board experience with companies regarded as having sound governance practices.

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Corporate Finance A Practical Approach

ISBN: 9781118217290

2nd Edition

Authors: Michelle R Clayman, Martin S Fridson, George H Troughton, Matthew Scanlan

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