Multiple Choice
Managers are encouraged to act in shareholders' interests by:
A) shareholder election of a board of directors who select management.
B) the threat of a takeover by another firm.
C) compensation contracts that tie compensation to corporate success.
D) Both shareholder election of a board of directors who select management; and the threat of a takeover by another firm.
E) All of
Correct Answer:

Verified
Correct Answer:
Verified
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