Directors can make opportunistic choices to advance their personal interest when:
A)they plan to sell off the corporation stocks at inflated prices.
B)they hold majority of the stocks in the corporation.
C)they are aware that the cost of forming a new board of directors is high.
D)their personal returns from the well being of the corporation is high.

Question

Quizplus · Accepted Answer

The Answer of Directors can make opportunistic choices to advance their personal interest when:
A)they plan to sell off the corporation stocks at inflated prices.
B)they hold majority of the stocks in the corporation.
C)they are aware that the cost of forming a new board of directors is high.
D)their personal returns from the well being of the corporation is high.

Directors Can Make Opportunistic Choices to Advance Their Personal Interest