The Olympus case was unique from a corporate governance perspective because it deals with:

A. Cultural differences between U.S. and non-U.S. companies
B. A board of directors that was completely under the influence of the CEO
C. A company that consistently overrides its internal controls and commits fraud
D. Cultural differences between Japanese management and western style of management


Answer: D

Business

You might also like to view...

The demand for many business goods tends to change more slowly than the demand for consumer goods

Indicate whether the statement is true or false

Business

Which is the principal government agency responsible for aiding the export of American goods and services through a variety of loan, guarantee, and insurance programs?

A. U.S. Export-Import Bank (Ex-Im Bank) B. Foreign Sales Corporation (FSC) C. Overseas Private Investment Corporation (OPIC) D. Major League Baseball (MLB)

Business

The Moores' lease contains a clause allowing their landlord to raise their rent during the course of their lease if the landlord's property taxes increase on the leased premises. This clause is unenforceable, since tenants deserve to know their rent amount is fixed during their agreed rental time

a. True b. False Indicate whether the statement is true or false

Business

A person who takes the initial steps to form a corporation is known as a(n) _____

A) subscriber B) developer C) initiator D) promoter

Business