Which of the Following Is True

question 15

Multiple Choice

Which of the following is true?

• A)Managers can ignore the objective of shareholder wealth in the short run in favour of other stakeholders' interests, but not in the long run.
• B)In 2000, BCE spun off its ownership in Nortel, making this an example of a firm's agency costs diminishing shareholder value.
• C)A 1997 Canadian survey of Shareholder Value Measurement showed that a minority of companies with listed shares state maximizing firm value is a key corporate objective.
• D)Without adequate financial performance, a firm can survive in a competitive environment.

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Definitions:

Kotter

John P. Kotter is a professor and author known for his work on leadership and change management, including a popular 8-step process for leading change.

Bass

Refers to a key theory or individual notable in leadership or musical fields, requiring context for a specific definition.

Emergent

Refers to processes or patterns that arise spontaneously or naturally within systems or organizations, not due to a specific plan.

Trait

A distinguishing quality or characteristic, typically one belonging to a person.