Question $7(1$ point$)$

The reasons why a company's management will pursue the enhancement of the total

market value of equity include which of the following? $($Indicate the best answer.$)$

a$)$ Management owes a legal and ethical obligation to the shareholders

b$)$ The market for corporate control

c$)$ Management might be fired by shareholders if they believe that a changed

management could enhance the firm's equity value

d$)$ Management usually owns shares in the company

e$)$ All of the above