Directors can make opportunistic choices to advance their personal interest when:
a. they plan to sell off the corporation stocks at inflated prices.
b. they hold majority of the stocks in the corporation.
c. they are aware that the cost of forming a new board of directors is high.
d. their personal returns from the well being of the corporation is high.
C
Economics
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According to the Taylor rule, if real GDP is 4 percent below potential GDP, the Fed should:
A. lower the federal funds rate by 2 percentage points. B. lower the federal funds rate by 4 percentage points. C. lower the federal funds rate by 8 percentage points. D. do nothing, as the economy will correct itself.
Economics
The demand for money that households keep for emergency purposes is known as the
Economics