One of the reasons why capitalism works is that managers always act in the best interest of the stock holders.

Question

Quizplus · Accepted Answer

This statement is false. While managers are responsible for making decisions that benefit the company and its shareholders, they also have other stakeholders to consider, such as employees, customers, and the broader community. Furthermore, research has shown that managers may prioritize their own interests over those of shareholders in some cases.

One of the Reasons Why Capitalism Works Is That Managers