A public corporation must have at least three directors, two of whom are outside directors. An outside director is someone who is:
A) Not an officer
B) Not an employee
C) Neither an officer nor an employee
D) Not a shareholder
E) Also a director of another corporation
C
Business
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Which one of the following characteristics is not critical in defining a team?
(a) shared leadership roles (b) collective work produced (c) encourage open-ended discussions (d) measure performance of each team member
Business
According to the clientele effect,
A) companies should change their dividend policies to please their target group of investors. B) companies should avoid making capricious changes in their dividend policies. C) even if capital markets are perfect, dividend policy still matters. D) companies should have dividend payout ratios of either 100% or 0%.
Business