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Which of the following statements about the German two - tiered board structure is true? a . Proponents of the German structure suggest that it
Which of the following statements about the German twotiered board structure is true?
a Proponents of the German structure suggest that it helps prevent corporate wrongdoing and rash decisions by "dictatorial CEOs."
b The corporate governance practices in Germany make it easier to restructure companies more quickly.
c All German firms are required to have a twotiered board structure.
d Critics of the German structure maintain it allows inside managers to dominate a firm's board of directors.
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