Global Business 3rd Edition by Mike Peng

Exercise 18

Compare PengAtlas Map 1.1 with Map 3.4. Countries that have low levels of development often benefit from outsourcing due to their low wages. Assume that a firm's board of directors is truly independent and makes decisions based only on economic considerations. Why would it not also outsource the top executive jobs? To the extent that such a thing might be possible, how might it be done?