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When Corporate CEOs and Top Managers Use Their Power and Control

Question 36

Multiple Choice
When corporate CEOs and top managers use their power and control over funds to satisfy their personal desires for wealth or status, it is called:

When corporate CEOs and top managers use their power and control over funds to satisfy their personal desires for wealth or status, it is called:


A) on-the-job consumption.
B) greenmail.
C) information asymmetry.
D) self-dealing.
E) risk capital.

Correct Answer:

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