Best practices of good corporate governance include: a.Filling the majority of board positions with the best performing managers of the firm b.Holding regular board meetings without the presence of the company's CEO c.Combining the responsibilities of the board chairperson with the chief executive officer d.Holding frequent closed board elections e.None of these are corporate governance best practices

Corporate governance can be defined as the practice of directing and governing the organization and…

Answered: Best practices of good corporate…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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	a.	Filling the majority of board positions with the best performing managers of the firm
	b.	Holding regular board meetings without the presence of the company's CEO
	c.	Combining the responsibilities of the board chairperson with the chief executive officer
	d.	Holding frequent closed board elections
	e.	None of these are corporate governance best practices