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What of the following about corporate governance is NOT correct? Select one: O a. The board and its chairman generally work under the CEO, and
What of the following about corporate governance is NOT correct? Select one: O a. The board and its chairman generally work under the CEO, and the CEO has the authority to change the board under certain conditions. b. Common stockholders do not control the company directly. In general, common stockholders have voting right to elect the board of directors, which is the governance body of a company. O c. A company's board of directors is tasked with making important decisions, including top management appointments, dividend and mergers and acquisitions decisions, company's policies, standards and compliance. O d. Corporate governance is the structure of rules and processes used to direct and control the management of a company and the board of directors is the primary force influencing corporate governance. O e. proxy fight occurs when a group of shareholders attempt to gather enough shareholder proxy votes to win a board seat
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