Corporate governance rules do not safeguard the property interests that owners have in corporations.
Answer the following statement true (T) or false (F)
False
Corporate governance refers to the legal rules that structure, empower, and regulate the agents (primarily the board of directors and managers) of corporations and define their relationship to the owners (shareholders). Specifically, corporate governance rules protect the property interest that the owners have in corporations.
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Which of the following best describes bias-free language?
A) Bias-free language is often unethical. B) Bias-free language makes the user sound prejudiced. C) Bias-free language avoids words and phrases that unfairly stigmatize people. D) Bias-free language supports the stereotypes and prejudices that it reflects. E) Bias-free language communicates from the audience's point of view and generally supports the audience's interests and preferences.
A principle that is effective for structuring a presentation is
A) "go for it." B) "slide and glide." C) "fourth and goal." D) "preach it." E) "tell 'em."
Political stability is a factor to be taken into consideration when investing in real estate in a foreign country
Indicate whether the statement is true or false
Quinlan Enterprises stock trades for $52.50 per share. It is expected to pay a $2.50 dividend at year end (D1 = $2.50), and the dividend is expected to grow at a constant rate of 5.50% a year. The before-tax cost of debt is 7.50%, and the tax rate is 25%. The target capital structure consists of 45% debt and 55% common equity. What is the company's WACC if all the equity used is from reinvested earnings?
A. 7.53% B. 7.85% C. 8.18% D. 8.50% E. 8.84%