Having a Founder and Top Executive Also Be a Major

question 46

Multiple Choice

Having a founder and top executive also be a major shareholder

• A)always results in agency conflicts that are bad for minority shareholders.
• B)can sometimes,as in the case of Google,have benefits that outweigh the costs.
• C)is illegal in the U.S.and most other industrialized countries.
• D)is never beneficial to employees.

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Definitions:

Modern Slavery

Modern slavery encompasses forms of exploitation that deprive someone of their freedom for personal or commercial gain, including human trafficking, forced labor, and debt bondage.

Wealthy Relatives

Family members who possess a considerable amount of wealth, assets, or financial resources.

Trapped

A feeling of being unable to escape or improve one's situation, often due to external constraints or psychological barriers.

Underclass

The poorest group, comprising the homeless and chronically unemployed who may depend on public or private assistance; they constitute about 12 percent of the U.S. population.