NO.PZ2023090503000011
问题如下:
Which of the following board structures would most limit shareholders’ ability to effect a major change in the management of a firm?
选项:
A.
Majority inside, staggered
B.
Majority independent, staggered
C.
Majority independent, non-staggered
解释:
A is correct.
A board with a majority of inside directors could more easily resist outside change than one with a majority of directors who were independent of management. Also, a staggered board would allow only a portion of the directors to be voted out each year, so it would take several years to replace a majority of directors.
为什么majority inside会限制股东的影响能力呢