Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

First Blank answers: tomatoes or carrots or Celery second blank answers: Stones or Sticks or rocks third blank answers: negative or Positive forth blank answers:

image text in transcribed

First Blank answers: "tomatoes" or "carrots" or "Celery"

second blank answers: "Stones" or "Sticks" or "rocks"

third blank answers: "negative" or "Positive"

forth blank answers: "Promote" or "Reward" or "punish"

fifth blank answers: "more" or "less"

Corporate governance refers to policies and rules, regulations and laws, and activities that (1) influence both management's decisions and its company's operations, and (2) affect the relationships between a business's stakeholders. These stakeholders include the company's executives and managers, shareholders, creditors, current and former employees, competitors, and local and global communities In simple terms, corporate governance provisions can take two forms: and provide undertaking activities that are beneficial to the firm's stakeholders, and the latter intended to These governing forces are both internal and external to the organization, and can either align management's interests with those of their shareholders (a positive outcome) or further entrench the firm's management (a not-so-positive outcome). An entrenched management is one that is be removed, all other things remaining equal , with the former intended to reinforcement for management for its undesirable likely to decisions or actions Internal and external corporate governance provisions and activities can take many forms, including a hostile takeover. Which of the following best describes this situation? O In this situation, there is animosity between the firm's board of directors and its senior management, resulting O This situation involves acquiring a target company without reaching a pre-purchase agreement with the target O This activity involves acquiring a target company after reaching a pre-purchase agreement with the target in the board wanting to take over the daily operations of the firm firm's management. firm's management. If you were designing the composition and acceptable practices for the board of directors of a new corporation, which of the following practices would you suggest be implemented? Yes, recommend No, do not recommend implementation Suggested Practice implementation The board should recommend that the company keep financial records and report financial statements that are in compliance with generally accepted accounting standards The company's charter should make hostile takeovers easier to accomplish. The board of directors should not monitor the decisions and behaviors of senior management. Senior management's cash bonuses should be tied solely to the firm's short-term operating profit performance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Business Competing In The Global Marketplace

Authors: Charles Hill

14th Edition

1260387542, 9781260387544

More Books

Students also viewed these Finance questions

Question

What are the primary causes of the bullwhip effect?

Answered: 1 week ago