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Answer the following independent cases A. ABC corporation is operating in the industry sector. In 2019, it faced a financial crisis. Its board of directors
Answer the following independent cases A. ABC corporation is operating in the industry sector. In 2019, it faced a financial crisis. Its board of directors comprised of 20 directors, including two outside directors. One of the outside directors, was the chairman of an insurance company which was connected financially with ABC. In 2018, Mark Ben, the company chief executive officer was promoted to chairman of the board. (a) Did the structure of the board contribute to the corporation's failures? Explain and support your answer using your knowledge of the above chapters. (13 points)
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