German Executives Are Not Dedicated to the Maximization of Shareholder

question 104

Multiple Choice

German executives are not dedicated to the maximization of shareholder value to the degree that is the case for executives in the United Kingdom and the United States largely because:

• A) the roles of CEO and chairperson of the board of directors are usually combined.
• B) large institutional investors control large blocks of stock.
• C) private shareholders and large institutional investors rarely have large ownership positions in firms.
• D) of the focus on stewardship-management in German firms rather than the financial performance focus of U.S.firms.

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Definitions:

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The mutual exchange and adaptation of cultural practices, beliefs, and knowledge between different cultures.

Sexual Orientation

A person's sexual identity in relation to the gender to which they are attracted.

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A region of the brain below the thalamus that coordinates both the autonomic nervous system and the activity of the pituitary, controlling body temperature, thirst, hunger, and other homeostatic systems, and involved in sleep and emotional activity.