Question: When shareholders have little power over managers, managers put their interests over shareholders interests. Which ONE of the following is a clear example of managerial
When shareholders have little power over managers, managers put their interests over shareholders interests. Which ONE of the following is a clear example of managerial interests being put ahead of stockholder interests?
| a. | A manager decides not to expand into the US market even though it presents an opportunity for future company growth. | |
| b. | A manager pushes shareholders to add antitakeover amendments to the corporate charter. | |
| c. | A manager bought a corporate Mercedes-Benz which is used for travel between different company locations around the country. | |
| d. | A manager borrows justified amounts to fund a companys operations abroad. | |
| e. | None of the answers are correct. |
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