Managers Must Apply the Same Ethical Standards to Their Employees

question 17

True/False

Managers must apply the same ethical standards to their employees as they do to themselves.

---

Definitions:

Rights Offer

A proposition by a company to its existing shareholders to purchase additional shares directly from the company at a specified price for a certain period.

Syndicated Loans

Large loans structured, arranged, and administered by a group of lenders, typically for significant projects or corporate financing needs.

Dilution

The reduction in the ownership percentage or value of a shareholding due to the issuance of more shares by the company.

Ex Rights

The status of a stock that is sold without the benefit of any rights that may have been issued to shareholders to purchase additional shares, often at a discount.