EMI Inc. is a large and very profitable company whose shares trade only in Canada. Its board members are paid a higher-than-average compensation package for their service. Which of the following is most likely to present a governance challenge for the company?

a) Attracting qualified board members

b) Complying with the specific requirements of the Sarbanes-Oxley Act

c) Ensuring that board members commit sufficient time to their duties

d) Finding individuals to fill the nominee director positions