It Is Normal to Issue Convertibles and Not Have Their

question 63

True/False

It is normal to issue convertibles and not have their presence reflect dilution until they are converted.

---

Definitions:

Defensive Strategy

Seeks to protect the organisation by doing the minimum legally required to satisfy social expectations.

Social Responsibility

The ethical framework that suggests an entity, be it an organization or individual, has an obligation to act for the benefit of society at large.

Economic Responsibility

The obligation of an organization to make decisions that benefit the economic well-being of society and its stakeholders.