Christopher is the CEO of a company that another company is trying to acquire. The success of Christopher's company has declined dramatically over recent years. Chris knows that the acquisition could help save the shareholders and other stakeholders from the turmoil that would ensue if the company went bankrupt. However, this is Christopher's only line of income for his family. He decides to defend his company from being taken over to help secure his position. Which defense strategy would you recommend be implemented that would benefit all stakeholders?
a. Litigation lawsuits
b. Capital structure change
c. Charter amendment
d. Golden parachute
d. Golden parachute
Business
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Statistical correlation studies of returns of the three key financial assets indicates that
A) there is strong positive correlation among their returns. B) it makes sense to hold Treasury bonds and Treasury bills together, but not stocks. C) holding a portfolio of all three assets increased return and decreased risk. D) there is rather poor correlation among their returns.
Business
________ is/are the narrowest level of ethical standards
A) The law B) Organizational policies and procedures C) Social responsibility D) The moral stance
Business