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93.
Rule-based controls are least appropriate in organizations with which one of the following
characteristics?
94.
Rules and regulations, rather than culture or rewards, would be used for strategic control at which type
of company?
95.
Most organizations with strong cultures and a sound system of rewards and incentives can eventually
internalize boundaries rather than use explicit rules and regulations. Which of the following is not a
technique for moving in that direction?
96.
The primary participants in corporate governance do not include the
97.
For the maximum benefit of each part, a corporation is a mechanism created to allow different parties to
contribute all of the following except
98.
Agency theory is concerned with resolving two problems that can occur in agency relationships. Which
of the following is not one of those problems?
99.
In order to minimize the temptation for managers to act in their own self-interest, governance
mechanisms exist for implementation consideration. Which of the following is not a primary means for
monitoring managerial behavior?
100.
Individual and institutional shareholders have the same rights that include all of the following except
101.
Shareholders rely on CEOs to adopt policies and strategies that maximize the value of their shares. To
motivate CEOs to maximize the value of their companies, boards of directors can consider all of the
following options except one. Which one is it?
102.
Boards of directors have responded to financial crises, corporate scandals, regulator obligations, and
investor requests for structural changes. In the 2011 Harvard Business Review study of the changes in
configuration of boards since 1987, which change has been brought about by government legislation?
103.
CEO duality refers to a situation in which the CEO
104.
In choosing sides concerning CEO duality, two schools of thought exist. Which of the following would
not be a consideration for the Unity of Command school of thought?
105.
In choosing sides concerning CEO duality, two schools of thought exist. Which of the following would
not be a consideration for the agency theory school of thought?
106.
External governance control mechanisms include all of the following except
107.
In trying to assure that managerial actions lead to shareholder value maximization, a risk can come
about if the market value of a firm becomes less than its book value. The risk is
108.
By takeover constraint, we mean
109.
It is generally argued that the takeover constraint deters management from
110.
The failure of many auditing firms to raise red flags about accounting irregularities in companies such
as Enron and WorldCom is generally attributed to all of the following factors except the
111.
The reasons analyst recommendations are often more optimistic than warranted by an objective analysis
of the facts include all of the following except that
112.
All of the following are types of information that a firm is required to disclose except
113.
In emerging economies and continental Europe, firms often can be characterized by all of the following
except
114.
In principal-principal conflicts (conflicts between controlling shareholders and minority shareholders),
the ownership (of equity) is
115.
Conditions that must be met for principal-principal (PP) conflicts to occur include all of the following
except
116.
Expropriation of minority shareholders means that minority shareholders
