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One of the leading indicators of concentrated family ownership and control is the appointment of family members as board chairman, CEO, and other TMT members. a. True b. False

Respuesta :

Answer:

TRUE

Explanation:

According to Mike Peng and his book "Global Business", these indicators help to identify problems such as: principal-principal conflicts (problems between controlling shareholders and minority shareholders), expropriation and tunneling ( when managers from the controlling family divert resources for personal use or family use).

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