In regard to family ownership, all of the following are true EXCEPT:
A) Most small firms in the world are owned and controlled by families.
B) The vast majority of large corporations throughout continental Europe, Asia, Latin America, and Africa no longer feature concentrated family ownership and control.
C) Family ownership and control may provide better incentives for the firm to focus on long-run performance.
D) Such ownership may also minimize the conflict between owners and professional managers typically encountered in widely owned firms.
Correct Answer:
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Q50: Managers from a controlling family who divert
Q51: Diffused ownership is the opposite of concentrated
Q52: Most large, publicly traded UK corporations are
Q53: An often-mentioned drawback of state -owned enterprises
Q54: In regard to global convergence:
A)Advocates argue that
Q56: Agency theory assumes that managers:
A)Have a responsibility
Q57: Which of the following is true in
Q58: Which of the following is true regarding
Q59: Family ownership and control of large firms
Q60: Ownership will likely be diffused for:
A)A start-up
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