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
Inga [223]
3 years ago
7

Dennis Kozlowski, John Thain, and Raj Rajaratnam are former CEOs mentioned in the text that have been involved in corporate gove

rnance problems to one degree or another. What did Dennis Kozlowski do that was considered inappropriate behavior? Multiple Choice He provided insider information to the Goldman Sachs' board. He sold 500,000 shares of his personal stock right before a negative quarterly earnings report was released. He spent $2 million of company funds for his own birthday party. He created a Ponzi scheme that grew to $65 billion dollars before the SEC shut it down. He spent $1.2 million of company funds redecorating his office while demanding cost cutting from employees.
Business
1 answer:
Ksivusya [100]3 years ago
4 0

Answer: He spent $2 million of company funds for his own birthday party.

Explanation:

The article in question relates to the Agency problem which is a problem that arises as a result of management acting in such a way as to benefit themselves instead of the shareholders that they are supposed to be maximizing wealth for.

Dennis Kozlowski was the former CEO of Tyco. In this position, he committed several financial crimes such as throwing a $2 million birthday party that was funded by the company. He eventually went to prison for this and the other crimes.

You might be interested in
During the late 70s and early 80s, the U.S. economy faced an inflationary period. The chairman of the Fed at that time, Paul Voc
Pachacha [2.7K]

Answer: Sell bonds

Explanation:

One reason there could be inflation in an economy is the high supply of money in the economy. With a high supply, people would have more money and so would demand more goods and services which would take the prices of those goods and services up thereby causing demand pull inflation.

If the Fed wants to reduce this inflation, they need to reduce the amount of money in the economy. They will do this by selling bonds to the public who will then pay in cash which the Fed will then take out of circulation thereby leading to a lower money supply and theoretically, less inflation.

6 0
3 years ago
Major retail firms such as Walmart have used data mining to customize the product offerings for each store.
Gwar [14]
Answer
False
Explanation
Data mining is the process of turning raw data into useful information
3 0
3 years ago
Read 2 more answers
Certain real options allow companies to change capacity output in response to changing market conditions. True or False: The pre
docker41 [41]

Answer:

True

Explanation:

Real options include basically the option to get involved in projects involving real assets, as like building, land, machinery that is tangible assets or there is an option to choose securities.

These options provide for the growth of company by increasing their capacity to produce and that the company shall grow with the aim of producing and doing the business with more capacity to generate revenue.

8 0
4 years ago
Maria's initial project budget was increased from $16,000 to $18,000. What was the variance from the initial budget?
4vir4ik [10]
The correct answer to the question is d 12.50
7 0
3 years ago
Read 2 more answers
__________ plan and design all types of buildings and structures.
Maslowich
D. architects. They plan and design all types of buildings and structures
5 0
3 years ago
Other questions:
  • Access to sensitive or restricted information is controlled' describes which of the key communications and information systems p
    15·2 answers
  • A registered representative conducts a seminar about investing in the meeting room of a local apartment complex. At the end of t
    11·1 answer
  • Griffins Goat Farm, Inc., has sales of $664,000, costs of $326,000, depreciation expense of $70,000, interest expense of $45,000
    15·1 answer
  • What is the term that defines how recently a customer purchased items?
    15·1 answer
  • If ___________ is the most important thing about your product, you want to make the product available in many locations that are
    7·2 answers
  • Eve's Apples opened for business on January 1, 2018, and paid for two insurance policies effective that date. The liability poli
    13·1 answer
  • Earnings per share a.helps compare companies of different sizes b.must be reported by a public company c.is the net income per c
    15·1 answer
  • A recession tends to cause the federal budget deficit to ________ because tax revenues ________ and government spending on trans
    10·1 answer
  • Select all that apply.
    15·1 answer
  • at the beginning of the year, addison company's assets are $170,000 and its equity is $127,500. during the year, assets increase
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!