Question: Questions bh 2 ff 1 6 h . Ch 0 1 . 1 0 m Question 1 of 1 6 1 . Check My Work
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Effective communication with stockholders by managers
a allows managers to persuade stockholders that the firm is socially responsible.
b makes it less likely that corporate raiders will undervalue a firm's stock.
c causes the stock price to remain close to the intrinsic value over time.
d avoids shareholder activism.
e ensures that underperforming firms will be able to change course and recover.
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