In a Seminal Study, R

question 55

Multiple Choice

In a seminal study, R.L. Tung found that for Japanese multinationals, the biggest impediment to expatriate success was

• A) the inability of the spouse to adjust.
• B) inadequate compensation.
• C) the manager's inability to cope with larger overseas responsibilities.
• D) the lack of adequate technical training.

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Definitions:

Disclose Information

The act of making previously private information known to the public or to specific individuals in a legal or regulatory context.

Shelf Prospectus

Frequently, companies will file a prospectus and then update it with a short-form prospectus just before an offering. This procedure is termed a shelf prospectus because companies put new securities “on the shelf” and then later sell them when the market is right.

Prospectus Supplement

A document that provides additional information to a prospectus, detailing specifics about an investment offering for potential investors.

Tender Offer

The offer of one firm to buy the stock of another by going directly to the shareholders, frequently over the opposition of the target company’s management.