Question
True/False (25 points, 5 points each, highlight the answer) 1. Having the CEO serve as the chairman of the board usually improves corporate governance. Answer:
True/False (25 points, 5 points each, highlight the answer)
1. Having the CEO serve as the chairman of the board usually improves corporate governance.
Answer: True False
2. Firms borrowing money have greater flexibility to use that money when there are debt covenants.
Answer: True False
3. Two important issues in corporate governance are (1) the rules that cover the board's ability to fire the CEO and (2) the rules that cover the CEO's ability to remove members of the board.
Answer: True False
4. An agency relationship is when someone hires someone else to perform a service and gives them decision-making authority.
Answer: True False
5. A corporate golf club membership is an example of a nonpecuniary benefit.
Answer: True False
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Data Communications Network Auditing How To Save Hundreds Of Thousands Of Dollars And Still Improve Network Response Time Network Performance And Network Availability
Authors: Bruce Griffis
1st Edition
0936648937, 978-0936648934
