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QUESTION 30 The board of Nelson Company is deciding on the composition of its compensation committee. Which of the following characteristics would least likely be
QUESTION 30
- The board of Nelson Company is deciding on the composition of its compensation committee. Which of the following characteristics would least likely be an indication of high-quality corporate governance with regard to remuneration/compensation committee?
| a. | Any obligations regarding share-based compensation are met through issuance of new shares. |
| b. | The firm has provided details to shareholders regarding compensation in public documents. |
| c. | The firm and the board are not required to receive shareholder approval for any share-based remuneration plans. |
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