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In what ways did Volkswagen fulfill the requirements of effective corporate governance?
Multiple Choice Properly oversaw the company's financial accounting and financial reporting
practices. Evaluated the caliber of senior executives' strategic leadership skills. Critically
appraised the company's direction, strategy, and business approaches. Instituted a compensation
plan that rewarded actions aimed at increasing shareholder value. Volkswagen's board of
directors did not fulfill any of its primary obligations to shareholders.

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