Which of the following is NOT a generally accepted way to remove ineffective management of a publicly traded firm?
A)The Board of Directors can vote to remove management.
B)The shareholders can vote out directors who won't discipline managers.
C)Outside management teams can "take over" the company.
D)Each of the above are recognized methods for the removal of ineffective management.

Question

Quizplus · Accepted Answer

All three options - voting by the Board of Directors, voting out directors by shareholders, and outside management teams taking over the company - are generally accepted ways to remove ineffective management of a publicly traded firm.

Which of the Following Is NOT a Generally Accepted Way