Which of the Following Is Not a Major Impediment to Shareholder

Multiple Choice

Which of the following is not a major impediment to shareholder control of large corporations?

A) The top management of the firm usually controls the voting and proxy process.
B) Shareholders seeking to change management recover their costs only if they are successful.
C) No one shareholder owns a substantial percentage of the corporation's stock.
D) Most shareholders in large firms engage in rational apathy.
E) Shareholders of large corporations are protected by limited liability.