Individual Shareholders with Small Ownership Percentages Are Less Dependent on the Board

question 78

True/False

Individual shareholders with small ownership percentages are less dependent on the board of directors to represent their interests than are large block shareholders.

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Definitions:

Reciprocal Determinism

Reciprocal determinism is a psychological theory proposing that an individual's behavior is influenced by both their environment and personal factors, which in turn influence each other.

Identification

The process of recognizing or establishing as being a particular person or thing; verification of the identity of a person or thing.

Self-Serving Bias

Self-serving bias is the tendency to attribute positive events to one's own character but attribute negative events to external factors, often serving to maintain one's self-esteem.

Independence

The state or quality of being self-reliant and not subject to external control or support.