Which one of the following statements is NOT accurate in relation to the responsibilities of the board of directors of a? corporation?
A. Directors are often paid a combination of an annual fee and stock? options, and the right to buy company shares at an advantageous price.
B. Boards are typically composed of major? shareholders, philanthropists, and executives from other corporations.
C. Much of the attention focused on corporate reform in recent years has zeroed in on boards being not too closely allied with management.
D. As the representatives of the? shareholders, the members of the board of directors are responsible for selecting corporate officers.
E. Much of the attention focused on corporate reform in recent years has zeroed in on boards failing to add enough value to strategy planning.
C. Much of the attention focused on corporate reform in recent years has zeroed in on boards being not too closely allied with management.
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If marginal product is a constant what can we conclude about the shape of the average product function and why?
What will be an ideal response?
Which of the following are criticisms of voucher programs?
a. They do not allow government to exercise enough control over education finance. b. Exclusionary admission standards under a voucher program would be unjust. c. Vouchers might be used at sub-standard schools. d. all of the above e. b and c
Assume that the expectation of a recession next year causes business investments and household consumption to fall, as well as the financing to support it. If the nation has low mobility international capital markets and a fixed exchange rate system, what happens to the quantity of real loanable funds per time period and GDP Price Index in the context of the Three-Sector-Model?
a. The quantity of real loanable funds per time period rises and GDP Price Index rises. b. The quantity of real loanable funds per time period falls and GDP Price Index falls. c. The quantity of real loanable funds per time period rises and GDP Price Index falls. d. The quantity of real loanable funds per time period and GDP Price Index remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
If a significant portion of firms in the economy does NOT adjust product prices, a predicted result according to new Keynesian theory is
A. real inflation cycles. B. output dynamics. C. inflation dynamics. D. real business cycles.