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Which of the following statements is correct? a. Many Canadian companies' boards have directors who specifically represent the interests of employees and not just shareholders.
Which of the following statements is correct?
a. Many Canadian companies' boards have directors who specifically represent the interests of employees and not just shareholders.
b. Income trust cash distributions are taxed at both the trust and individual levels.
c. Agency problems easily arise between shareholders and managers in corporations, but they can be addressed by corporate governance.
d. A good goal for a firm's management is maximization of stock price at a target
date.
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