Robex Retail is a retail chain that has more than 390 stores in the United States.The directors of the company decide to launch operations in Italy to increase the company's market reach.Many of the shareholders think that this decision is not appropriate in light of the economic slowdown in Europe.A group of shareholders unites to pressure the board of directors to change their decision.This is an example of ________.
A) shareholder protection
B) shareholder activism
C) hostile takeover
D) corporate governance
E) shareholder resolution

Question

Quizplus · Accepted Answer

A)Shareholder activism refers to activities taken by shareholders (individually or in groups)to influence executive decision making in areas ranging from strategic planning to social responsibility.
B)Shareholder activism refers to activities taken by shareholders (individually or in groups)to influence executive decision making in areas ranging from strategic planning to social responsibility.
C)Shareholder activism refers to activities taken by shareholders (individually or in groups)to influence executive decision making in areas ranging from strategic planning to social responsibility.
D)Shareholder activism refers to activities taken by shareholders (individually or in groups)to influence executive decision making in areas ranging from strategic planning to social responsibility.
E)Shareholder activism refers to activities taken by shareholders (individually or in groups)to influence executive decision making in areas ranging from strategic planning to social responsibility.

Robex Retail Is a Retail Chain That Has More Than