Companies domiciled in countries with weak investor protection can reduce agency costs between shareholders and management
A) by moving to a better county.
B) by listing their stocks in countries with strong investor protection.
C) by voluntarily complying with the provisions of the U.S.Sarbanes-Oxley Act.
D) by having a press conference and promising to be nice to their investors.
Correct Answer:
Verified
Q52: For firms with free cash flows,
A)debt can
Q53: The goal of greater accounting transparency
A)is to
Q54: Concentrated ownership of a public company
A)can be
Q55: Concentrated ownership of a public company
A)is normal
Q56: While debt can reduce agency costs between
Q58: While debt can reduce agency costs between
Q59: In Germany,the corporate board is
A)legally charged with
Q60: The board of directors may grant stock
Q61: English common law countries tend to provide
Q62: Private benefits of corporate control will tend
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