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strojnjashka [21]
3 years ago
6

ABC Corporation paid an executive $300,000.00 in annual compensation. A state court determines that this compensation was excess

ive and reduces the compensation to $250,000.00. This problem is similar to which of the following cases in Chapter 39?
Physics
1 answer:
Vesnalui [34]3 years ago
8 0

Answer:

This a pure case of conflict of interests between the interest of the shareholders who are the original owners of the company and management's interest in earning much more,even if it at the expense of the shareholders.

Explanation:

Management is the entrusted with the day to day affairs of corporations.In carrying out their duty,they must have at the back of their minds that maximization of shareholder's wealth is of top priority.

However.some management teams in a bid to gain undue advantage set their remuneration below reasonable levels.

Ultimately,when this happens, their duty to watch over the investment of shareholders clashes with their interest for personal gains.

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How many 1140 nm long molecules would you have to line up end to end to stretch a distance of 158 miles?
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