Which of the following is incorrect: A. The Market for Corporate Control is an important external mechanism for encouraging corporate managers to act in their shareholders’ best interests B. GMU Dean Emeritus Henry G. Manne developed the theoretical concept of "Market for Corporate Control" C. The Market for Corporate Control was enacted into law by the Williams Act D. The Market for Corporate Control protects rationally ignorant shareholders E. None of the above

Which of the following is incorrect: A. The Market for Corporate Control is an important external mechanism for encouraging corporate managers to act in their shareholders’ best interests B. GMU Dean Emeritus Henry G. Manne developed the theoretical concept of "Market for Corporate Control" C. The Market for Corporate Control was enacted into law by the Williams Act D. The Market for Corporate Control protects rationally ignorant shareholders E. None of the above

Business/Professional Ethics Directors/Executives/Acct

8th Edition

ISBN:9781337485913

Author:BROOKS

Publisher:BROOKS

Chapter2: Ethics & Governance Scandals

Section: Chapter Questions

Problem 4Q

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QUESTION 39

Which of the following is incorrect:

	A.	The Market for Corporate Control is an important external mechanism for encouraging corporate managers to act in their shareholders’ best interests
	B.	GMU Dean Emeritus Henry G. Manne developed the theoretical concept of "Market for Corporate Control"
	C.	The Market for Corporate Control was enacted into law by the Williams Act
	D.	The Market for Corporate Control protects rationally ignorant shareholders
	E.	None of the above

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