Which of the Following Statements Is False

question 19

Multiple Choice

Which of the following statements is false?

• A) One study found that firms with fewer restrictions on shareholder power performed worse than firms with more restrictions during the 1990s.
• B) Some large public pension funds, such as CalPERS (the California Public Employees Retirement System), take an activist role in corporate governance.
• C) In 2004 with the Walt Disney Company, major shareholders were dissatisfied with the recent performance of Disney under long-time CEO and Chairman, Michael Eisner. They began an organized campaign to convince the majority of Disney shareholders to withhold their approval of the reelection of Eisner as director and chairman of the board.
• D) Given the importance of shareholder action in corporate governance, researchers and large investors alike have become increasingly interested in measuring the balance of power between shareholders and managers in a firm.

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Definitions:

Leadership

The act of guiding and directing a group towards achieving a common goal through influence and motivation.

Self-Interests

The consideration of one's personal advantage or benefit in decisions or actions.

Leadership Effectiveness

The degree to which a leader is able to achieve organizational or team objectives through the direction and motivation of others.

Gender Differences

Variations in characteristics, behaviors, and roles traditionally associated with being male or female in a particular culture.