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Many firms have been under pressure to declassify their boards of directors. Why would investors want...

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Finance

Many firms have been under pressure to declassify their boardsof directors. Why would investors want a board to be declassified?What are the advantages of a classified board?

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Investors prefer the board of directors to be declassified where all the board of directors are elected annually Investors prefer a declassified board for increasing the accountability and responsiveness of the board of directors towards the stakeholders of the company The primary    See Answer
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