MGT 302 MGT302 CHAPTER 11 QUIZ ANSWERS | UNC GREENSBORO

MGT 302 MGT302 CHAPTER 11 QUIZ ANSWERS | UNC GREENSBORO

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MGT 302 Chapter 11 Quiz Answers (UNC Greensboro)
1. Manifestations of agency problems include 
2. Corporate governance is the relationship among various participants in determining the direction and performance of corporations. 
3.  In continental Europe and Japan, the primary governance mechanisms remain concentrated ownership and control. 
4. Managerial human capital refers to the skills and abilities of top managers.
5. State-owned enterprise is a firm owned and controlled by large families.
6. Family ownership and control may lead to the selection of less qualified managers. 
7. There are three external governance mechanisms: market for product competition, market for corporate control, and market for private equity. 


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