Which of the following statements about the influence of large shareholders is (are) true?
A) Institutional investors, such as mutual funds, exert control over management, and small, retail shareholders benefit.
B) Most large institutional shareholders avoid actively seeking corporate influence in order to avoid insider trading violations.
C) Of the large institutional investors, only public pension funds tend to exert control over management to the benefit of small, retail shareholders.
D) Both B and C are true statements.
Correct Answer:
Verified
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