Recent Corporate Scandals at Firms Such as Enron,WorldCom and the Italian

question 40

Multiple Choice

Recent corporate scandals at firms such as Enron,WorldCom and the Italian firm Parmalat

• A)show that managers might be tempted to pursue their own private interests at the expense of shareholders.
• B)show that Italian shareholders are better at monitoring managerial behavior than U.S.shareholders.
• C)show that white-collar criminals hardly ever get punished.
• D)show that socialism is a better way to go than capitalism.