In Regards to Global Convergence

Short Answer

In regards to global convergence:
a. Advocates argue that globalization will unleash a "survival-of the-fittest" process.
b. Advocates claim firms will be forced to adopt globally the best practices.
c. Others contend that governance practices will continue to diverge throughout the world.
d. The text indicates that complete divergence in corporate governance is probably unrealistic.
e. All of the above.