True or False: In the Anglo-American governance model, the Board of Directors is elected to represent shareholder interests.

Social Studies · High School · Wed Jan 13 2021

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True.

 In the Anglo-American governance model, the Board of Directors is elected to represent shareholder interests. The shareholders typically have the right to vote for members of the board, and the board, in turn, is responsible for overseeing the management of the company on behalf of the shareholders. The primary fiduciary duty of the board is to act in the best interests of the shareholders and to make decisions that enhance shareholder value. This model is often associated with a shareholder-oriented approach to corporate governance.

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