If the Market for Corporate Control Were Efficient as a Governance

question 9

Multiple Choice

If the market for corporate control were efficient as a governance device, then only __________ would be targets for takeovers.

• A) firms with unethical top executives
• B) firms earning above-average returns
• C) poorly performing firms
• D) overvalued firms

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Definitions:

Change Process

Involves the steps or actions undertaken by an organization to move from its current state to a desired future state, often requiring planning, implementation, and monitoring.

Workforce Diversity

The inclusion of a wide range of differences among employees in an organization, including ethnicity, gender, age, sexual orientation, and cultural background.

Globalization

The way in which corporations or different organizations gain international prominence or commence operations across the globe.

Workforce Ages

Refers to the range of ages within a group of employees or workers, which can affect the dynamics, capabilities, and perspectives within a workplace.