Final answer:
The statement is true. Researchers found a negative correlation between the amount of time the CEO spends with the board and CEO and board member satisfaction.
Step-by-step explanation:
The statement is A) True. In the study Daring to Lead, researchers found a negative correlation between the amount of time the CEO spends with the board and CEO and board member satisfaction. This means that as the amount of time the CEO spends with the board increases, CEO and board member satisfaction tends to decrease.