In Regard to Global Convergence

question 52

Multiple Choice

In regard to global convergence:

• A)Advocates argue that globalization will stymie a "survival-of the-fittest" process.
• B)Advocates claim firms will be forced to adopt globally the best practices.
• C) Others contend that governance practices cannot continue to diverge throughout the world.
• D) The text indicates that complete divergence in corporate governance is realistic.

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Definitions:

Lintner

Lintner refers to John Lintner, an economist known for his work on the dividend policy of firms and contributions to the capital asset pricing model (CAPM).

Miller and Scholes

Refers to Merton Miller and Myron Scholes, economists recognized for their work in finance, including the development of the Black-Scholes model for option pricing.

Miller and Scholes

Refers to economists Merton Miller and Myron Scholes, noted for their contributions to the field of finance, including work on the pricing of options and corporate finance.