Which of the Following Statements Is FALSE

question 26

Multiple Choice

Which of the following statements is FALSE?

• A)An active takeover market is part of the system through which the threat of dismissal is maintained.
• B)When internal governance systems such as ownership,compensation,board oversight,and shareholder activism fail,the one remaining way to remove poorly performing managers is by mounting a hostile takeover.
• C)Because hostile takeovers and internal governance systems are substitute mechanisms,researchers have found that boards are less likely to fire managers for poor performance during active takeover markets than they are during lulls in takeover activity.
• D)The effectiveness of the corporate governance structure of a firm depends on how well protected its managers are from removal in a hostile takeover.

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Definitions:

Grasp Arm

A physical action or maneuver used to hold or support someone's arm, often for assistance or stability.

Weight Transfer

The process of moving or shifting body weight from one point to another, which is critical for tasks such as walking, standing, or performing transfers.

Activity Tolerance

The level or extent of physical exercise or activity that a person is capable of performing without undue strain or exhaustion.

Skeletal Abnormalities

Irregularities or deviations in the structure of the bones that may lead to various health issues or physical disabilities.