
Explanation:
Explanation:
Company 2 has the weakest governance because it combines two governance weaknesses:
This combination creates the most significant governance concerns among the three companies.
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| Company 1 | Company 2 | Company 3 |
|---|---|---|
| Percentage of independent directors: | Low | Low |
| CEO serves as chairperson: | No | Yes |
All else being equal, which of the companies most likely has the weakest corporate governance?
A
Company 1
B
Company 2
C
Company 3
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