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Ren Is a Shareholder of Star Corporation

Question 4

Multiple Choice

Ren is a shareholder of Star Corporation. Ren wants Star to include in its proxy materials a proposal to amend the firm's bylaws to require it to publish the names of shareholder-nominated candidates for positions on the board of directors. One argument in opposition to such a requirement is that it could lead to


A) meaningful dialogue between Star and its shareholders.
B) the board's increased sensitivity to shareholder opinion.
C) the conversion of Star from publicly held to privately held.
D) the shareholders' election of their candidates to the board .

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