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Social Studies, 06.12.2019 02:31 Woodlandgirl14
Which of the following statements about governance mechanisms is misleading? a. product market competition complements the market for corporate control and the market for private equity. b. as an external governance mechanism, private equity utilizes the stock market to discipline managers. c. governance mechanisms can be classified as voice-based and exit-based mechanisms. d. in general, boards are likely to use "carrots" before considering "sticks."
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Which of the following statements about governance mechanisms is misleading? a. product market comp...
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