Mention some of the defenses put up by the management of a firm to prevent transfer of control of the corporate assets
A target that is unwilling to cede control to an outsider has two basic defenses. First, before any threat materializes it can write bylaws that will raise the outsider's cost of obtaining a controlling interest in the firm. Second, management can attempt to ensure that even a successful acquirer gets control of a less valuable firm.
You might also like to view...
Accounting profits are calculated based upon: a. explicit cash receipts and implicit costs
b. actual cash receipts and actual expenditures of cash. c. implicit cash receipts and actual expenditures of cash. d. opportunity costs plus explicit costs.
A movement up along a short run Phillips Curve to an unemployment rate below the natural rate of unemployment will tend to shift the Phillips Curve up, once expectations adjust; a movement down along a short run Phillips Curve to an unemployment rate above the natural rate of unemployment will tend to shift the Phillips Curve down once expectations adjust
a. True b. False Indicate whether the statement is true or false
Suppose the economy includes two distinct groups of people: wage earners and goods sellers. If the price level falls by 10 percent and nominal wages remain unchanged,
a. there will be no redistribution of purchasing power because all wage earners in the U.S. economy receive indexed wages b. income will be redistributed from wage earners to goods sellers c. income will be redistributed from goods sellers to wage earners d. real wages will fall by 10 percent e. real wages will remain unchanged
There is no way that externalities can be corrected.
Answer the following statement true (T) or false (F)