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In a presentation to a group of students in an Executive MBA class, Professor Steven Dawes tells the class that corporate governance systems will tend to differ based on the legal environment, culture an industry in which a firm operates, however, all corporate governance systems share certain common attributes. Dawes continues on to make two statements:
Which of Dawes’ statements are consistent with the core attributes of an effective corporate governance system? A. Statement 1 is consistent, Statement 2 is inconsistent. B. Statement 1 is inconsistent, but Statement 2 is consistent. C. Both Statement 1 and Statement 2 are consistent. |