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Oliver Williamson said two main corporate governance advantages of the multidivisional structure (M-form) for large, diversified companies were: Question 1Answer a. Allowing decision-making to be
Oliver Williamson said two main corporate governance advantages of the multidivisional structure ("M-form") for large, diversified companies were: Question 1Answer a. Allowing decision-making to be decentralized while centralizing high-frequency decision making b. Allowing decision-making to be decentralizing while centralizing strategic decision making c. Creating competitive internal capital market in which capital allocation is not dominated by political consideration and creating a corporate headquarters that can represent shareholder interests d. Ensuring that the divisional managers were dependent on capital allocation at the corporate level
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