Aligning the interests of managers and stockholders
Not what you're looking for?
Which of the following is NOT a goverance mechanism used to align the interests of managers and stockholders?
(a) Stockholder meetings
(b) The board of directors
(c) Stock-based compensation schemes
(d) The mission statement
(e) Takeover contraints
Purchase this Solution
Solution Summary
Answers a multiple choice question on aligning the interests of managers and stockholders.
Solution Preview
Answer: (d) The mission statement
Governance mechanisms are put in place by principals to align agents' incentives with their own, and to monitor and control agents. In this case the principals are the stockholders and the agents are the mangers.
Mission statement ...
Purchase this Solution
Free BrainMass Quizzes
Lean your Process
This quiz will help you understand the basic concepts of Lean.
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.
Paradigms and Frameworks of Management Research
This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.