Agency problems can least be controlled by: ()
A: establishing good internal controls and procedures.
B: designing compensation packages that align manager's goals with
those of the shareholders.
C: corporate governance.
D: electing senior managers to the board of directors.
A: establishing good internal controls and procedures.
B: designing compensation packages that align manager's goals with
those of the shareholders.
C: corporate governance.
D: electing senior managers to the board of directors.
举一反三
- Which of the following activities would least likely be an example of good corporate governance（） A: Management is allowed to act independently of board of directors. B: The board of directors has decided to hold annual elections. C: The board of directors has decided to conduct a self-assessment.
- Which of the following statements regarding corporate governance practices is FALSE（） A: Corporate governance is the system of internal controls/procedures by which firms are managed. B: Corporate governance provides a framework that defines rights of management and the board. C: Corporate governance is not as important for firms with largely dispersed minority shareholders.
- Which of the following is least likely an indication of good corporate governance practices（） A: The board typically supports management decisions. B: The board only acts in the best interest of the shareholders. C: The firm’s operating and financial activities are reported in a timely manner to the shareholders.
- Generally, a corporation is owned by its A: managers. B: board of directors and shareholders. C: shareholders. D: managers, board of directors, and shareholders.
- Generally, a corporation is owned by the (). A: Managers B: Board of Directors C: Shareholders D: All of the above