Which of the following has not contributed to the growth in corporate governance over the past decades?

I. Managers not receiving high payments, bonuses and benefits when the performance of the company is poor

II. Managers using the resources of the company to benefit themselves.

III. Corporations taking actions shareholders consider desirable.

IV. Corporations misleading shareholders to avoid consequences.

Select one:

A.

II, III and IV.

B.

I, III and IV.

C.

II and IV.

D.

I and III.