Industry-Based Considerations Regarding Corporate Governance Include All of the Following

Essay

Industry-Based Considerations regarding corporate governance include all of the following except:
a. Having more outside directors on the board is often regarded as having a negative impact on performance because of their lack of understanding as compared to insiders.
b. In industries characterized by rapid innovation requiring significant R&D investments such as information technology), outside directors may have a negative impact on firm performance.
c. Research finds that for firms in low-growth, stable industries, no relationship exists between inside management ownership and firm performance.
d. In relatively high-growth, turbulent industries, there is a relationship between inside management ownership and firm performance.
e. In industries experiencing great turbulence, the presence of a single leader may allow a faster and more unified response to changing events.