Which of the following statements regarding corporate governance practices is FALSE()
A. Corporate governance is the system of internal controls/procedures by which firms are managed.
B. Corporate governance provides a framework that defines rights of management and the board.
C. Corporate governance is not as important for firms with largely dispersed minority shareholders.
参考答案:C
解析:
Good corporate governance practices are extremely important in the case of firms with largely dispersed minority shareholders. The other statements are correct.