Corporate management can defend itself against the threat of a hostile takeover in all of the following ways except

Question

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Keeping a large cash reserve for an emergency does not directly defend against a hostile takeover. In fact, large cash reserves can make a company a more attractive target for a takeover, as the acquiring company may see the reserves as a valuable asset. The other options (A, B, C, D) are strategies specifically designed to make a company less attractive or more difficult to acquire in a hostile takeover.

Corporate Management Can Defend Itself Against the Threat of a Hostile