Question: Governance mechanisms help keep managers in check, reducing the likelihood that they'll act in their own self - interest. Which of the following is not

Governance mechanisms help keep managers in check, reducing the likelihood that they'll act in their own self-interest. Which of the following is not a key governance mechanism?
Group of answer choices
a board of directors that acts in the best interests of shareholders to create long-term value
managerial incentives to align management interests with those of the stockholders
stakeholders who fight for the rights of of firm owners
shareholder activism

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!