Corporate governance is most 2 points likely to occur when: A board of directors holds the top management accountable for organizational performance. The traditional top-down "do as I say form of management prevails. Top managers guide the performance of an organization as a whole. Team leaders report to middle managers about the performance of the non-managerial workers. 2 points A(n) ___ is the ability to translate knowledge into action that results in desired performance. Concept. Agenda Process Skill Who elects the members of the 2 points board of directors? Top managers. Stockholders. Middle managers. First-line managers