________ Include a Variety of Relatively Minor Corporate Governance Changes

question 51

Multiple Choice

________ include a variety of relatively minor corporate governance changes that, in principle, are supposed to make it more difficult to acquire a target firm.

• A) Shark repellents
• B) White knights
• C) Greenmail
• D) Poison pills

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Definitions:

Escalator Clauses

Provisions in a contract that allow for an automatic increase in wages or prices under certain conditions.

Productivity Increases

An improvement in the efficiency of production, often measured by the amount of output per unit of input over a period.

Labor Union Membership

The affiliation of individual workers to an organized labor union, which represents their interests in negotiating wages, benefits, and working conditions with employers.

Service Industries

Sectors of the economy that provide intangible products or services such as healthcare, banking, and education.