Which of the following is a remedy for the Agency Problem in the U.S.? Shareholders have the right to elect the board of directors, which can serve as an effective check if the board remains independent of management. Shareholders have the right to overrule any managerial decisions. The U.S. government directly intervenes in company decisions to ensure shareholder interests are protected. The board of directors should always take management roles in the company.
Which of the following is a remedy for the Agency Problem in the U.S.? Shareholders have the right to elect the board of directors, which can serve as an effective check if the board remains independent of management. Shareholders have the right to overrule any managerial decisions. The U.S. government directly intervenes in company decisions to ensure shareholder interests are protected. The board of directors should always take management roles in the company.
Business/Professional Ethics Directors/Executives/Acct
8th Edition
ISBN:9781337485913
Author:BROOKS
Publisher:BROOKS
Chapter2: Ethics & Governance Scandals
Section: Chapter Questions
Problem 8.4EC
Related questions
Question
Which of the following is a remedy for the Agency Problem in the U.S.?
-
Shareholders have the right to elect the board of directors, which can serve as an effective check if the board remains independent of management.
-
Shareholders have the right to overrule any managerial decisions.
-
The U.S. government directly intervenes in company decisions to ensure shareholder interests are protected.
-
The board of directors should always take management roles in the company.
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