Explain why recruiting a well-known and highly respected board of directors lends legitimacy to a firm.

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Entrepreneurship Successfully Launching New Ventures

ISBN: 9780132555524

4th Edition

Authors: Bruce R. Barringer, R. Duane Ireland

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Question Posted: Feb 18, 2024 01:00 AM

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Explain why recruiting a well-known and highly respected board of directors lends legitimacy to a firm.

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Recruiting a wellknown and highly respected board of directors can lend legitimacy to a firm for several reasons Credibility and Trust Having respecte...View the full answer

Entrepreneurship Successfully Launching New Ventures

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