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Question
Which of the following statements best describes the current trends in corporate governance?a. Most companies are already using a shareholder orientation with formal governance.
b. Businesses are moving towards a stakeholder orientation with looser corporate governance.
c. Forces are driving businesses toward the stakeholder orientation and more formal governance.
d. Companies are turning to a shareholder orientation with a more informal corporate governance system.
e. Businesses are gravitating toward the stakeholder orientation because the costs involved are decreasing.
Answer
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