Multiple Choice
Firms normally recognize responsibilities to various constituencies, such as each of the following EXCEPT _____.
A) To sustain an optimum return on investment for stockholders
B) To be perceived by customers as a provider of quality service
C) To demonstrate that investors are the firm's most valuable resource
D) To provide corporate leadership in the communities it serves
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Examples of agency costs incurred by shareholders
Q3: The type of corporate security that pays
Q4: The objective of maximizing shareholder wealth, as
Q5: Preferred stock is considered priority stock. Explain
Q6: All of the following are responsibilities of
Q8: The shareholder wealth maximization goal states that
Q9: Corporate securities represent claims against the _.<br>A)
Q10: Giving top management _ is one method
Q11: Protective covenants in a company's bond indentures
Q12: The net present value rule provides appropriate