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The percentage of large U
The percentage of large U.S. corporations using nominating committees to identify potential new directors is approximately:
A) less than 6%
B) 37%
C) 57%
D) 87%
E) 97%
Expert Solution
The correct answer is Option E: 97%.
The study reveals the statistics that 97% of the U.S corporations take the help of nominating committees that recognizes the potential directors and helps the corporations to elect the best-suited director for the company so that the wise decisions can be taken for the company on time that could make the company grow and survive to the fullest potential and stakeholders interests can be remained protected.
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