German Executives Are Not Dedicated to the Maximization of Shareholder

question 94

Multiple Choice

German executives are not dedicated to the maximization of shareholder value 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 rarely have large ownership positions in the firm.
• D) of the focus on stewardship-management in German firms rather than the financial performance focus of U.S. firms.

Recognize the psychological and organizational factors that can induce unethical behavior.

Identify the challenges and consequences associated with excessively challenging goals.

Analyze the causes and effects of unethical behavior in organizations.

Understand the dynamics of sexual harassment in the workplace, including perpetrators and victims.

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Definitions:

Liabilities

Debts that a firm owes to others.