Multiple Choice
Methods of encouraging managers to act in shareholders' best interest include:
I. Threat of takeover.
II. Proxy fights for control of the board of directors.
III. Tying managers' compensation to stock price performance.
A) I only
B) I and II only
C) II and III only
D) I, II, and III
Correct Answer:
Verified
Correct Answer:
Verified
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