The board of directors may grant stock options to managers in order to
A) save executive compensation costs.
B) use as a substitute for bonus.
C) align the interest of managers with that of shareholders.
D) none of the above
Correct Answer:
Verified
Q40: In the United Kingdom, the majority of
Q41: For firms with free cash flows,
A)debt can
Q42: Accounting Transparency
A)can only be achieved when managers
Q44: Debt can reduce agency costs between shareholders
Q46: In the United States, it is not
Q47: While debt can reduce agency costs between
Q48: In the United States
A)boards of directors are
Q49: The board of directors may grant stock
Q50: Concentrated ownership of a public company
A)can be
Q55: Concentrated ownership of a public company
A)is normal
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