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Which of the following statements is TRUE about Lehman Brothers board of directors before it went bankruptcy in 2008? A. Directors had a significant lack
Which of the following statements is TRUE about Lehman Brothers board of directors before it went bankruptcy in 2008?
A. | Directors had a significant lack of experience on financial issues.
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B. | Directors had homogeneous working experience.
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C. | CEO was not the board chairman.
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D. | The percentage of independent directors was low.
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