Moth's Steak-Out (MSO) is a high-end restaurant chain in the United States with $5 billion in annual sales and is currently traded on the OTC market. Moth, the founder of the company owns 30% of the company and also serves as the Chairman of the Board. He is 80 years old and not expected to live very long. In order to keep the share price low so that the state and inheritance taxes are reduced for his descendants. Moth has opted not to pay any dividends while he is alive. This is in spite of the fact that competitors of MSO are paying a high percentage of their profits to shareholders by issuing large dividends. Which of the following statements best describes your assessment of MSO's decision not to pay dividends? Select one: a. In a publicly-held company, the Board of Directors should look after the best interest of the large shareholders of the company. After all, they are the ones with the money. b. Moth is the largest owner of the company. Therefore, he has the right to do whatever he wants with respect to the stock price. c. Moth's actions here are unethical as the management's goal should be to look after the best interest of ALL shareholders, not just large ones. d. Moth is the Chairman of the Board and as such he has to be mindful of the large shareholders only