Individual Shareholders Typically Do Not Band Together to Oust a Bad

question 46

Multiple Choice

Individual shareholders typically do not band together to oust a bad board of directors due to

• A)their belief that the free market system will correct the problem.
• B)lack of knowledge that the board is behaving badly.
• C)the high costs--both direct and indirect--of coordinating the effort for any individual or group of individual shareholders.
• D)bribes received from management.

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Definitions:

Achievement Motivation

The drive to pursue and attain goals, an intrinsic desire to achieve set objectives and excel, often pushing individuals to overcome challenges and succeed.

Financial Success

The achievement of financial prosperity, goals, or the accumulation of wealth over time.

Emotional Well-Being

The overall state of one's emotional health and happiness, encompassing a sense of contentment and the ability to manage stress.

Ghrelin

A hormone produced by the stomach that stimulates appetite and signals the body to consume food.