Counterarguments Against the Active Role of Professional Money Managers Include

Counterarguments against the active role of professional money managers include all of the following,except:

A) Boards of directors may not adequately represent owners.
B) They face too much pressure to product results which are reflected in fund performance measures.
C) The personal power of money managers may distort decision-making.
D) Money managers have too much power.
E) They have the means and resources to coordinate actions amongst other money managers.