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Which of the following statements regarding corporate governance is not correct? a....

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Accounting

Which of the following statements regarding corporate governance is not correct?
a. Corporate control mechanisms include internal and external mechanisms.
b. The compensation scheme for management is part of the corporate control mechanisms.
c. The dilution of shareholders wealth resulting from employee stock options or employee stock bonuses is an accounting issue rather than a corporate governance issue.
d. The internal audit function of a company has more responsibility than the board for the companys corporate governance.

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