In the Anglo-American Model of Corporate Governance, the Primary Goal

question 11

Multiple Choice

In the Anglo-American model of corporate governance, the primary goal of management is to:

• A) maximize the wealth of all stakeholders.
• B) maximize shareholder wealth.
• C) minimize costs.
• D) minimize risk.

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Definitions:

Antidumping Duty

A tariff imposed by a government on foreign imports believed to be priced below fair market value to protect domestic industries.

United Nations Guidelines

Frameworks, principles, or standards adopted by the United Nations to guide member states in various areas including human rights, economic development, and environmental protection.

International Law

A body of rules established by treaty or custom that is recognized and accepted by nations as binding in their relations with one another.

National Security

Measures and actions taken by a government to protect its citizens, institutions, and sovereignty from threats.