Which of the following is true of stockholders in continental Europe?
A. The stocks of corporations are widely dispersed among a large number of different investors, both individuals and institutions.
B. Many stockholders assign banks their proxy votes for the directors of the companies.
C. Banks are major stockholders of corporations in continental Europe.
D. Major stockholders of closed corporations are not involved in the firms' daily operations.
E. Stockholders in continental Europe are often family units resulting from the universal banking relationship existing in the United States.
Answer: B
You might also like to view...
The ________ includes civil, criminal, and accounting reforms that drastically expand the accountability demanded of corporate officers and directors.
A. Foreign Corrupt Practices Act B. Computer Fraud and Abuse Act C. Sarbanes-Oxley Act D. Electronic Communications Privacy Act
Define duality
The four stages people tend to go through when facing change are ______.
a. denial, resistance, consideration, and acceptance b. questioning, fighting, hesitation, and acceptance c. resistance, questioning, consideration, and commitment d. denial, resistance, exploration, and commitment
A counteroffer
a. has no legal effect. b. is a valid acceptance. c. does not reverse the relationship of the parties. d. is a rejection of the original offer.