One of the Reasons Why Proxy Fights Are Rarely Successful

question 69

Multiple Choice

One of the reasons why proxy fights are rarely successful is that:

• A)Management is always viewed as performing their jobs well
• B)Management can use corporate resources to defend against the fight
• C)Mergers are a cheaper form of changing management
• D)Shareholders are unconcerned with corporate management

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Definitions:

Theory X

A management theory proposed by Douglas McGregor suggesting that employees are inherently lazy and will avoid work if possible, thus needing close supervision and control.

Management Theory

A collection of ideas and principles that outline how managers should approach organizational leadership, planning, and decision-making.

Union Constitution

A document that outlines the governing principles, rules, and procedures of a labor union, including membership rights and duties.

Election Procedures

The formal processes and rules established for conducting elections, including how votes are cast, counted, and how the outcomes are determined.