Which of the Following Is True

Which of the following is true?

A) Managers can ignore the objective of shareholder wealth in the short run in favour of other stakeholders' interests, but not in the long run.
B) In 2000, BCE spun off its ownership in Nortel, making this an example of a firm's agency costs diminishing shareholder value.
C) A 1997 Canadian survey of Shareholder Value Measurement showed that a minority of companies with listed shares state maximizing firm value is a key corporate objective.
D) Without adequate financial performance, a firm can survive in a competitive environment.