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Quiz 4
Quiz 4
Frage 1
Richtig
A majority shareholders have outright control of the firm and its management with more than 51 percent of ownership.
a. True
b. False
Frage 2
Richtig
Say-on-pay (SOP) is a non-binding guideline that enables shareholders to vote on the appropriateness of executive compensation. SOP
dissent tends to decrease due to higher monitoring capabilities, behind-the-scenes negotiations, and long-lasting alliances between block
holders.
a. True
b. False
Frage 3
Richtig
Which one(s) of the following statements about the voting characteristics of institutional investors is (are) correct?
a. Institutional investors have a fiduciary duty towards the beneficiary owners of the shares and therefore must generally vote in line
with shareholder financial value
b. Institutional investors with a good reputation or superior capability to file potential wealth-increasing proposals receive higher voting
support from other shareholders.
c. Institutional investors’ efforts to monitor the firm and engage in activism are predominantly moderated by their operating strategy.
d. Only A and B are correct
e. All answers are correct
Richtig
A substantial minority shareholder is a shareholder who has between 5 and 15 percent stake and enough voting control to put pressure on the
management in some cases.
a. True
b. False
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