Question: The takeover constraint limits the extent to which managers pursue strategies that are inconsistent with shareholder interest. prevents a company from being taken over. uses

The takeover constraint
limits the extent to which managers pursue strategies that are inconsistent with shareholder interest.
prevents a company from being taken over.
uses the threat of a takeover to cause the CEO to fear the stockholders.
is reduced by corporate raiders.
The takeover constraint limits the extent to which managers pursue strategies

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