Which of the following is true of the greater concentration of ownership in non-U.S. firms than in U.S. firms?
A. It makes it easy to change managers in non-U.S. firms.
B. It permits greater monitoring and control by individuals or groups than the more dispersed ownership structures of U.S. firms.
C. It makes it difficult for non-U.S. firms to access credit in times of financial difficulty.
D. It results in managers focusing on short-term goals rather than on long-term objectives.
E. It reduces the involvement of stockholders in the daily operations of non-U.S. firms.
Answer: B
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