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BUSA 4980 Chapter 10 Exam with Questions and Answers, Exams of Business Administration

University of South Carolina (USC) - AikenBusiness Administration

BUSA 4980 Chapter 10 Exam with Questions and Answers Corporate Governance ANSWER is the set of mechanisms used to manage the relationships among stakeholders and to determine and control the strategic direction and performance of organizations. What is the primary of goal of corporate governance? ANSWER Align interest of top-level managers and shareholders Managerial Opportunism ANSWER the seeking of self-interest with guile (i.e., cunning or deceit) seperation of ownership and management ANSWER allows each group to focus on what they do best In small firms, managers typically own ____ percentage of the firm, which means there is _____ separation between ownership and control in small firms ANSWER large percentage, small separation An agency relationship ANSWER exists when one party delegates decision-making responsibility to a second party for compensation Agents are the ______ (managers/ owners) ANSWER mangers

Typology: Exams

2024/2025

Available from 01/01/2025

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Corporate Governance ANSWER is the set of mechanisms used to manage the relationships among stakeholders and to determine and control the strategic direction and performance of organizations. What is the primary of goal of corporate governance’? ANSWER Align interest of top-level managers and shareholders Managerial Opportunism ANSWER the seeking of self-interest with guile (i-e., cunning or deceit) seperation of ownership and management ANSWER allows each group to focus on what they do best In small firms, managers typically own percentage of the firm, which means there is separation between ownership and control in small firms ANSWER large percentage, small separation An agency relationship ANSWER exists when one party delegates decision-making responsibility to a second party for compensation Agents are the (managers/ owners) ANSWER mangers