52. The Anglo-Saxon model of corporate governance is also known as
(A) Market based system
(B) Shareholder - valve system
(C) Principle agent model
(D) All of the above.
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Explanation:
The Anglo-US model, also known as the Anglo-Saxon model, was crafted by the more individualistic business societies in Great Britain and the United States. This model presents the board of directors and shareholders as the controlling parties. The managers and chief officers ultimately have secondary authority.
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Answer:
(A) Market based system
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