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Management Responsibilities and Shareholders

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Please help answer the following question about management responsibilities. Include references.

What are some actions an entrenched management might take that would harm shareholders?

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Solution Summary

This posting helps with management responsibilities. It discusses actions an entrenched management might take that would harm shareholders. Concepts covered include retained earnings, outstanding debt, and missing figures in books. The explanation is given in 299 words with two references. In text citations are also included as part of the solution.

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Problem: What are some actions an entrenched management might take that would harm shareholders?

Solution:

Management Responsibilities

Managers should always carry out activities which are right in all situations since acting solely in the financial interests may result to unintended consequences which may harm a shareholder. There are several actions that an entrenched management might take and have the capability of harming the shareholders. The reason behind this is that the shareholders influences in the company's daily ...

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