In the opinion of the author of this textbook (and others) , the most effective corporate control mechanism in the U.S. is the existence of
A) external threats to management.
B) legal constraints.
C) a corporation's board of directors.
D) informal social constraints.
Correct Answer:
Verified
Q44: Which of the following statements about corporate
Q45: Distinguish between inside directors and outside directors.
Q46: In many European and Asian countries,
A)large shareholders
Q47: Hostile takeover activity was greatest in the
A)early
Q48: Which of the following is a reason
Q50: When management repurchases the shares of a
Q51: The Sarbanes-Oxley Act of 2002,
A)reduced the costs
Q52: Which of the following statements about shareholder
Q53: What are some useful non-control functions performed
Q54: Ex-post, the Sarbanes-Oxley Act of 2002,
A)has proven
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents