Which of the following results is due to the greater concentration of ownership in non-U.S. firms??
A. ?The greater concentration of ownership in non-U.S. firms makes it easy to change managers.
B. ?The greater concentration of ownership in non-U.S. firms permits greater monitoring and control by individuals or groups.
C. ?The greater concentration of ownership in non-U.S. firms results in difficult access to credit in times of financial difficulty.
D. ?The greater concentration of ownership in non-U.S. firms results in greater focus of managers on short-term goals of the firm.
E. ?The greater concentration of ownership in non-U.S. firms results in reduced involvement of stockholders in the firms' daily operations.
Answer: B
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