不理解

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：

Correct Answer: A

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.