Robex Retail Is a Retail Chain That Has More Than

question 24

Multiple Choice

Robex Retail is a retail chain that has more than 390 stores in the United States.The directors of the company decide to launch operations in Italy to increase the company's market reach.Many of the shareholders think that this decision is not appropriate in light of the economic slowdown in Europe.A group of shareholders unite to pressurize the board of directors to change their decision.This is an example of ________.

• A) shareholder protection
• B) shareholder activism
• C) hostile takeover
• D) corporate governance
• E) shareholder resolution

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Definitions:

Perceivable Future

A concept referring to events or conditions that can reasonably be foreseen or predicted.

Quarterly Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits, every three months.

Par Value

The face value of a bond or stock as stated by the issuer, which bears significance for accounting and financial regulation.

Annual Return

The percentage change in an investment's value over a year, considering both capital gains and dividends.