A major criticism of CEOs and boards during the 1980s, when corporate takeovers were regular occurrences, was
A) not trying to get the best price they could for shareholders.
B) focusing on "making deals" instead of running the business.
C) trying to run up the price of their company's stock in preparation for the sale.
D) being obsessed with self-preservation instead of making optimal decisions on behalf of shareholders.
Correct Answer:
Verified
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