One of the reasons why proxy fights are often unsuccessful is that:
A) management is always viewed as performing its job well.
B) management can use corporate resources to defend against the fight.
C) mergers are a cheaper form of changing management.
D) shareholders are unconcerned with corporate management.

Question

Quizplus · Accepted Answer

Management has access to corporate resources and can use them to defend against proxy fights, making it difficult for shareholders to succeed in removing them from their positions.

One of the Reasons Why Proxy Fights Are Often Unsuccessful