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49. Concentrated ownership of a public company A. Is normal in the United States, following the well-publicized scandals of recent years. B. Is relatively rare

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49. Concentrated ownership of a public company A. Is normal in the United States, following the well-publicized scandals of recent years. B. Is relatively rare in the United States and common in many other parts of the world. C. Leads to a free-rider problem with the minority shareholders relying on the majority shareholders to assume an undue burden in monitoring the management D. Is the norm in Great Britain 50. Concentrated ownership of a public company A. Can be an effective 1way to alleviate the agency problem between shareholders and managers. B. Is the nomi in Great Britain C. Tends to be an ineffective way to alleviate conicts of interest between groups of shareholders D. None of the above

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