Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which one of the following is least apt to help convince managers to work in the best interest of the stockholders? a . management compensation

Which one of the following is least apt to help convince managers to work in the best interest of the stockholders?
a. management compensation tied to the market value of the firm's stock
b. threat of a takeover of the firm by unsatisfied stockholders
c. pay raises based on length of service
d. implementation of a stock option plan
image text in transcribed

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

Nonprofit Sustainability Making Strategic Decisions For Financial Viability

Authors: Jeanne Bell, Jan Masaoka, Steve Zimmerman

1st Edition

0470598298, 978-0470598290

More Books

Students also viewed these Finance questions