As the Opening Case Points Out on the Negative Side

question 27

Multiple Choice

As the opening case points out on the negative side, private equity firms have been accused of all of the following EXCEPT:

• A)Increasing the income inequality between financiers and the rest of us.
• B)Stripping assets from previously high-performing firms.
• C) Internationally, causing shock in countries suddenly facing the full rigor of Anglo-American private equity.
• D) Placing CSR ahead of all rational economic decisions.

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Definitions:

Relative Deprivation Theory

A sociological theory that explains feelings of discontent or injustice as derived from comparing one's situation against that of others perceived to be better off.

Civil Citizenship

The status or condition of being a member of a state, with associated rights and duties as defined by the state's laws and policies.

Rights Afforded

The privileges or entitlements granted to individuals or groups, often protected by law or social convention.

Self-Determination

The right or ability of people to make their own choices and decisions, often associated with national, ethnic, or cultural groups seeking autonomy.