Which one of the following statements is NOT accurate in relation to shareholders and their conduct in a? corporation?
A. Because shareholders elect the? directors, in theory the shareholders are the final governing body of the corporation.
B. Shareholder activism has become a progressively noticeable issue in corporate governance.
C. Because shareholders elect the? directors, institutional stock holders long dash—such as pension? funds, insurance? companies, mutual? funds, religious? organizations, and college endowment funds long dash—have significant impact on the governance of corporations.
D. Even though most do not have any direct participation in firm? management, shareholders play a significant role in corporate governance.
E. Activist shareholders are becoming better prepared and more classy.
Answer: A. Because shareholders elect the? directors, in theory the shareholders are the final governing body of the corporation.
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If firms in a monopolistically competitive industry are earning economic profits, then in the long run
A. new firms producing close substitutes will enter the industry and this entry will continue until economic profits are eliminated. B. these firms can continue earning economic profits because entry into the industry is blocked. C. new firms producing the exact same product will enter the industry and this entry will continue until economic profits are eliminated. D. the government will most likely regulate firms in this industry to reduce these economic profits.
According to the interest rate effect, a decrease in the price level will
A. decrease the real value of money balances, which causes total planned real expenditures to increase. B. cause interest rates to fall, which generates an increase in borrowing, so that total planned real expenditures increase. C. increase the real value of money balances, which causes interest rates to increase, thereby reducing total planned expenditures. D. lead to a decrease in net exports, which causes total planned real expenditures to decrease.
Which of the following countries had the smallest share of exports as a percentage of GDP in 2011?
A. Canada B. France C. United Kingdom D. United States
Human capital represents:?