Indicate whether the statements below are "True" or "False 1 Ifyou have a market with poor corporate governance, Le, managers of publicly traded companies are not accountable to stockholders, all companies in that market will be badly managed. True False 2 If we choose firm value maximization as our objective in decision making. we do not nged to False True assume that markets are efficient 3. Boards with fewer directors are generally more effective at corporate governance than boards False True with more directors Boards with more insiders are generally more effective at corporate governance than boards with fewer insiders False True Financial markets tend to reacr negatively to investment announcements (R&D, new project) made by firms False True The marginal investor in a stock is the investor who holds the most stock in the company False True Indicate whether the statements below are "True" or "False 1 Ifyou have a market with poor corporate governance, Le, managers of publicly traded companies are not accountable to stockholders, all companies in that market will be badly managed. True False 2 If we choose firm value maximization as our objective in decision making. we do not nged to False True assume that markets are efficient 3. Boards with fewer directors are generally more effective at corporate governance than boards False True with more directors Boards with more insiders are generally more effective at corporate governance than boards with fewer insiders False True Financial markets tend to reacr negatively to investment announcements (R&D, new project) made by firms False True The marginal investor in a stock is the investor who holds the most stock in the company False True