The Free-Rider Problem,when Referring to Monitoring of the Firms' Performance,often

question 63

Multiple Choice

The free-rider problem,when referring to monitoring of the firms' performance,often results in:
I.ineffective monitoring by the shareholders;
II.monitoring being delegated by shareholders to boards of directors;
III.no monitoring by a large number of small individual investors

• A)I only
• B)II only
• C)III only
• D)I,II,and III

---

Definitions:

Demonstrating Independence

The act of showing the ability to make decisions and take action without reliance on others.

Phallic Stage

A phase in Freudian psychosexual development during which a child's focus of libido is on the genital area.

Latency Stage

A phase in Freud's psychosexual stages of development where sexual feelings are inactive or dormant.

Oral Stage

A phase in Freudian psychosexual development where an infant's pleasure centers are in the mouth, leading to behaviors such as sucking and biting.