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Which of the following statements best describes the current trends in corporate governance?

a. Businesses are moving towards a stakeholder orientation with looser corporate governance.

b. Businesses are gravitating towards the stakeholder orientation because the costs involved are decreasing.

c. Most companies are already using a shareholder orientation with formal governance.

d. Companies are turning to a shareholder orientation with a more informal corporate governance system. e. Forces are driving businesses toward the stakeholder orientation and more formal governance.

Operation Management, Management Studies

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