A. government appointees are members of the board
B. they are run by elected public officers
C. electoral principles are adopted in the day-to-day management
D. shareholders elect the board of directors
Correct Answer: Option D
D. shareholders elect the board of directors
Explanation
The directors could not dictate the decisions in the company as the rights in the decision-making process also vest in the hands of shareholders. Thus democracy is maintained well.
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