What usually happens if a hostile takeover attempt is successful?
What will be an ideal response?
If a hostile takeover attempt is successful, the new owner frequently replaces the old management and board of directors in order to manage the company in a way that creates more value for shareholders. In some instances, the new owner will break up the company and sell off its pieces. In either case, since a firm's existing management faces the threat of losing their jobs and their reputations as effective executives if the firm sustains a competitive disadvantage, the market for corporate control is a credible governance mechanism.
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A company that manufactures custom bridal gowns will use a process costing system to track costs
Indicate whether the statement is true or false
Skilled speakers use the ________ of an oral presentation to summarize the main themes, to leave the audience with a specific and noteworthy take-away, and to include a statement that allows them to leave the podium gracefully
Fill in the blank(s) with correct word
For each of the following accounts, identify whether a debit or credit yields the indicated changea. To increase Fees Earned?b. To decrease Cash?c. To decrease Unearned Revenue?d. To increase Accounts Receivable?e. To increase Common Stock?f. To decrease Notes Payable?g. To increase Prepaid Rent?h. To increase Salaries Expense?i. To increase Accounts Payable?j. To decrease Prepaid Insurance?
What will be an ideal response?
Sales reps calling on large food retailers must often make their sales presentations to a buyer who doesn't have the final decision responsibility.
Answer the following statement true (T) or false (F)