The control market is applicable when which of the following conditions are true?
A. a. Capital markets are illiquid
B. Equity ownership is heavily concentrated
C. Board members are largely insiders
D. Ownership and control overlap
E. All of the above
查看答案
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
Which of the following are commonly considered alternative models of corporate governance?
A. Market model
B. Control model
C. Takeover model
D. A & B only
E. A & C only
Which of the following factors influences corporate governance practices?
A. Securities legislation
B. Government regulatory agencies
C. The threat of a hostile takeover
D. Institutional activism
E. All of the above
Which of the following is true about supervoting stock?
A. Is a commonly used takeover tactic.
B. Is generally encouraged by the SEC
C. May have 10 to 100 times of the voting rights of other classes of stock
D. Is issued to acquiring firms if they agree not to purchase a controlling interest in the target firm
E. Is a widely used takeover defense
微信支付 
支付宝支付