In theory,
A) managers are hired by the shareholders at the annual stockholders meeting.If the managers turn in a bad year,new ones get hired.
B) shareholders hire the managers to oversee the board of directors.
C) managers are hired by the board of directors; the board is accountable to the shareholders.
D) none of the options
Correct Answer:
Verified
Q12: The central issue of corporate governance is
A)how
Q13: The key weakness of the public corporation
Q14: The strongest protection for investors is provided
Q15: The genius of public corporations stems from
Q16: The key strength(s)of the public corporation is/are
A)their
Q18: In the reality of corporate governance at
Q19: In many countries with concentrated ownership
A)the conflicts
Q20: In the United States,managers are bound by
Q21: Suppose in order to defraud the shareholders,a
Q22: The agency problem refers to the possible
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