1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lyudmila [28]
2 years ago
11

Effective corporate governance is essential in large corporations because corporate ownership (by shareholders) is separated fro

m corporate control (by officers and managers). In order to improve corporate governance, most large corporations have eliminated the use of outside directors.A. TrueB. False
Business
2 answers:
nalin [4]2 years ago
7 0

Answer:

False

Explanation:

Outside directors are members of the board of directors that are not employees of the corporation. While an inside director is a member of the board that is also employed by the corporation, e.g. CEO.

Corporations are separate entities form their stockholders, that is why limited liability applies to them. The board of directors doesn't have to include stockholders or employees, they usually do, but it is not required by law. Outside directors should very experienced and capable individuals that possess certain expertise that can help the corporation. Also, the board should control and supervise upper management, but if only inside directors were admitted into it, then who would control them?

KonstantinChe [14]2 years ago
5 0

Answer:

B. False

Explanation:

Corporate governance is the set of rules and regulation which is a guide to how a business is being controlled and operated. it spells out the right and acceptable processes and actions that are required of the corporation's operators at any point in time. the directors have the responsibility of enforcing it.

Corporate governance is reflected in the way the entity deals with all its stakeholders and how the operators deals with the entity. It is used to rate the wellness of an entity by outside world.

The large corporations have not eliminated the use of outside directors, instead they have instituted a very strong and enduring, corporate governance .

You might be interested in
Fred's Paper Shop frequently buys paper from Online Office Supplies, Inc. Online Office Supplies and Fred's Paper Shop decide to
madam [21]

Answer:

likelihood that disputes will arise under their contract is reduced.

Explanation:

One of the advantages of entering into a partnering agreement is that the likelihood that disputes will arise under their contract is reduced. This is mainly due to the fact that the agreed upon contract contains all the rules and regulations that both entities have agreed to follow. Therefore if there is any difference in decision the contract can be brought up and must be followed.

3 0
3 years ago
On October 1, 2017, Vaughn, Inc., leased a machine from Fell Leasing Company for five years. The lease requires five annual paym
Alisiya [41]

Answer:

Explanation:

1.Amount to be paid Annually to fell leasing Company = $10,000.

Incremental rate of borrowing = 11%

Lease Period = 5 yrs.

2. Value of lease equipment as on 1st October 2017 i.e., date of lease.

= 10,000 * (PVOA) = (11* for 5 years)

=10,000 * 3.6959 (using -PVAF table)

= $ 36,959

Factors are used according to the table of PVAF

3.Lease liability as on 31-12-2017

= 10,000 * PVAD (11 * 4 years) [since 4 years in these)

 = 10,000 * 3.44371

= $ 34,437.10

Lease liability as on 31st Dec 2018

= 10,000 * PVAD (11% 3 years) (still 3 yrs left as on 31-12 -2018)

= 10,000 * 2.71252 = $ 27,125.20

7 0
3 years ago
EB4.
avanturin [10]

Answer:

Fixed and Variable cost:

Fixed cost are the costs which cannot be changed with change in the level of goods and services sold or produced.

Variable cost are the costs which changes with change in the level of output produced and sold.

Product and Period cost:

Product costs are the costs which are incurred for making the product such as direct material, factory overhead and direct labor, etc.

Period costs refers to the cost which are incurred for a certain period of time. It is normally associated with the time period than with any type of transactional event.

Therefore, the classification of items is as follows:

(a) Variable cost - Product cost

(b) Variable cost - Product cost

(c) Fixed cost - Period cost

(d) Fixed cost - Period cost

(e) Fixed cost - Period cost

(f) Fixed cost - Period cost

(g) Variable cost - Product cost

(h) Fixed cost - Period cost

(i)  Fixed cost - Period cost

6 0
2 years ago
During the past 1000 years, the income per person of the world has
Mamont248 [21]

Answer: Has increased.

Explanation: Income per person has increased over the years because the cost of living and expenses have also increased. As the cost of items go up, income increases to help consumers be able to afford living and purchasing goods and services.

5 0
3 years ago
The shape of your utility function implies that you are arisk-averse individual, and, therefore, youwould accept the wager becau
Furkat [3]

<u>Solution and Explanation:</u>

As the utility function is concave in shape, so person is risk averse.  Thus, he will not accept the gamvle.

The difference between utility at point A&C = 70 minus 65 = $5, is less than a the difference between A&B = 65 minus 55 = $10

<u>MCQ: </u>

Answer is option a&d  - risk averse people fear a lot for losing money, thus they overestimate the probability of loss

Since, shape of utility function is concave, hence the double derivative of utility with respect to wealth is negative, so utility falls at an decreasing rate , as wealth increases

8 0
3 years ago
Other questions:
  • The date on which a cash dividend becomes a binding legal obligation is on the
    7·1 answer
  • Как защитить себя от воздействующих факторов взрыва, если вы находитесь в зоне действия продуктов взрыва?
    15·1 answer
  • Suppose your nominal income this year is 5 percent higher than last year. if the inflation rate for the period was 3 percent, th
    15·1 answer
  • In this type of control system, the master budget is based on a single prediction for sales volume, and the budgeted amount for
    7·1 answer
  • When Wells Fargo employees fraudulently opened customer accounts in order to meet extremely high sales quotas, rehabilitating th
    15·1 answer
  • Table 17-29 Suppose that two firms, Wild Willy's Wonderdrink (Firm W) and Hyper Hank's Hydration (Firm H), comprise the market f
    11·1 answer
  • The ogvernment is bound by the acts of its agents committed within the scope of their agents authority, such as express and actu
    7·1 answer
  • Mitski supervises the returns desk in a department store. Mitski has set a goal for the rest of the year of finishing her daily
    10·1 answer
  • Bob visited the offices of MASS, a successful insurance company in Boston. MASS needs people who are good with numbers. When Bob
    5·1 answer
  • A weak company culture A. celebrates change and consensual decision-making. B. produces champions of innovation and creativity.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!