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Which of the following statements is FALSE? Corporate governance is a system of checks and balances that trades off costs and benefits. The costs and
Which of the following statements is FALSE?
Corporate governance is a system of checks and balances that trades off costs and benefits.
The costs and benefits of a corporate governance system also depends on cultural norms.
It is important to keep in mind that good governance is value enhancing and so in principle, is something investors in the firm should strive for.
Because good governance is based upon a basic set of principles, one should expect all firms to display similar governance structures.
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