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The CEO of Occidental Petroleum uses company money to buy French Impressionist paintings and is considering building a museum to house the art (also financed
The CEO of Occidental Petroleum uses company money to buy French Impressionist paintings and is considering building a museum to house the art (also financed with company money). You are a member of the board of directors and are worried about this waste of shareholder funds. What financial policy could you recommend that might reduce the waste? increase the company's dividend O issue more equity O acquire a smaller oil and gas company decrease debt
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