Which of the Following Statements Is False

question 37

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 in 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.

---

Definitions:

Theoretical Distribution

A mathematical function that represents the possible values and their associated probabilities of a random variable.

Sampling Distribution

A specific statistic's probability distribution, resulting from a sample taken at random.

Variability

The degree to which scores in a set of data are spread out or differ from each other, indicating the diversity or dispersion within the dataset.

Sampling Distribution

The probability distribution of a given statistic based on a random sample, used to infer properties of an entire population.