In which of the following ways can the management teams of many corporations influence the board of directors?
A) By merging with another firm
B) Through appointment of shareholders to replace current board members
C) Through management's nomination of board candidates
D) By declaring a liquidating cash dividend

Question

Quizplus · Accepted Answer

Management teams can influence the board of directors by nominating candidates for the board. This can give them more control and influence over the decisions made by the board. Option A is not a way to influence the board of directors, but rather a strategic decision that may require board approval. Option B is possible, but usually requires the support of other large shareholders. Option D is not a way to influence the board, but rather a decision made by the board about the distribution of profits.

In Which of the Following Ways Can the Management Teams