This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A fundamental criticism of the traditional theory of the firm is that the decision-makers in the ... (Read 19 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: May 25, 2020

Question 1

Public limited companies may not maximise their profits because
◦ shareholders have little control over managers.
◦ shareholders want higher dividends.
◦ they are afraid of encouraging take-overs.
◦ A and C

Question 2

A fundamental criticism of the traditional theory of the firm is that the decision-makers in the firm may not even aim to maximise profits in the first place.
On which of the following ideas is this criticism based?
◦ Shareholders are not the decision-makers and have different interests from them.
◦ Many shareholders do not want to maximise profits.
◦ Owners of firms are not 'rational'.
◦ Shareholders are really utility maximisers.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by s.tung on May 25, 2020

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


s.tung

  • Member
  • Posts: 577
Reply 2 on: May 25, 2020
Excellent

atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Organization of traditional source records Organization of traditional source records
Evolutionary ecologists live and do research in contemporary cultures that maintain all or some aspe Evolutionary ecologists live and do research in contemporary cultures that maintain all or some aspe
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Twelve primary energy channels and the Conception and Governing Vessels of Traditional Chinese ... Twelve primary energy channels and the Conception and Governing Vessels of Traditional Chinese ...
How to find the definite integral using the fundamental theorem of calculus (Part 1) How to find the definite integral using the fundamental theorem of calculus (Part 1)
molecular orbital theory molecular orbital theory
Video: EpiPen Animation (Part 2)

For a complete list of videos, visit our video library