Self-dealing is when shareholders use their position to deprive the board of directors of personal monetary gain.

Name: Self-dealing is when shareholders use their position to deprive the board of directors of personal monetary gain.
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Question

Quizplus · Accepted Answer

Self-dealing is actually when a director or officer uses their position to benefit themselves at the expense of the company or its shareholders. It is a conflict of interest and is prohibited by law.

Self-Dealing Is When Shareholders Use Their Position to Deprive the Board