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Corporate shareholders are best protected from incompetent management decisions by_______

17/30

Corporate shareholders are best protected from incompetent management decisions by_______

the ability to engage in proxy fights.

management's control of pecuniary rewards.

the ability to call shareholder meetings.

the threat of takeover by other firms.

one-share/one-vote election rules.

Giải thích

Chọn đáp án D

Giải thích: Proxy fights are expensive and seldom successful, and management may often control the board or own significant shares. It is the threat of takeover of underperforming firms that has the strongest ability to keep management on their toes