All of the following are principles of good organizational governance, as established by Business Week, EXCEPT
A) Each director attends at least 75 percent of all meetings.
B) The audit, compensation and nominating committees are made up solely of outside directors.
C) Each director owns a large equity stake in the company, excluding stock options.
D) At least three directors are current or former company executives.
E) The CEO is not also the Chairperson of the Board.

Question

Quizplus · Accepted Answer

Good organizational governance typically discourages having current or former company executives as directors to ensure independence and objectivity.

All of the Following Are Principles of Good Organizational Governance