The market governance model is applicable when which of the following conditions are true?
A: Capital markets are liquid
B: Equity ownership is widely dispersed
C: Ownership and control are separate
D: Board members are largely independent
E: All of the above
A: Capital markets are liquid
B: Equity ownership is widely dispersed
C: Ownership and control are separate
D: Board members are largely independent
E: All of the above
举一反三
- Which of the following belong to financial markets, which facilitate the exchange of liquid assets? A: security market B: stock market C: insurance market D: futures market
- Which of the following statement pertaining to innovation and entrepreneurship is NOT true? A: They are the engines of growth. B: They require strong property rights. C: They require state ownership of means of production. D: They require a market economy.
- 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 NOT a benefit of home ownership?
- Which of the following statements about the money market are true? A: Not all commercial banks deal for their customers in the secondary market. B: Money markets are used extensively by businesses both to warehouse surplus funds and to raise short-term funds. C: The single most influential participant in the U.S. money market is the U.S. Treasury Department. D: All of the above are true. E: Only (a) and (b) of the above are true.