Short Answer
Which of the following is true in regards to outside directors?
a. The trend around the world is to introduce less outside directors.
b. In the United States, less than a half century ago, most boards were made up entirely or largely of outside directors.
c. Many US firms are now favoring a board that is entirely made of people who are insiders due the need for people who can understand the increasing complexity of MNEs.
d. Japanese boards have not waited until they are in financial difficulty to bring in outside directors from banks.
e. Academic research has failed to empirically establish a link between the outsider/insider ratio and firm performance.
Correct Answer:

Verified
Academic research has faile d ...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q13: Ownership will likely be diffused under which
Q15: Boards of directors perform all of the
Q16: In regards to global convergence:<br>a. Advocates argue
Q17: Diffused ownership is the opposite of concentrated
Q19: Which of the following make up a
Q20: At this present time, what do you
Q20: Recently, stewardship theory suggests that by and
Q21: As the closing case points out on
Q23: The Market for Corporate Control is another
Q33: How directors strategically prioritize is about the