61.Global regulations require that shareholders in all countries have the same rights wherever there are stock markets.a. Trueb. FalseANS: FPTS:1DIF:EasyOBJ:INFM.MADU.15.03.03NAT:BUSPROG.INFM.MADU.15.03STA:DISC.INFM.MADU.15.02KEY:Bloom's: Knowledge62.Shareholders have more voting power in some countries than others.63.Shareholders can have influence on a wider variety of management issues in some countries.64.The legal protection of shareholders is the same among countries.65.Shareholders in some countries may have more power to effectively sue publicly-traded firms if their executives or directors commit financial fraud.a. Trueb. FalseANS: TPTS:1DIF:EasyOBJ:INFM.MADU.15.03.05NAT:BUSPROG.INFM.MADU.15.03STA:DISC.INFM.MADU.15.02KEY:Bloom's: Knowledge
66.In general, common law countries such as the U.S., Canada, and the United Kingdom allow for more legal protection than French civil law countries such as France or Italy.67.The government enforcement of securities laws varies among countries.68.The degree of financial information that must be provided by public companies is the same among countries.69.In general, stock markets allow for more price efficiency and attract more investors when they have allof the following except:a.more voting rights for shareholders.b.more legal protection.c.more enforcement of the laws.d.less stringent accounting requirements.ANS: DPTS:1DIF:EasyOBJ:INFM.MADU.15.03.05NAT:BUSPROG.INFM.MADU.15.03STA:DISC.INFM.MADU.15.02KEY:Bloom's: Knowledge70.In general, companies are attracted to the stock market in which there are very limited voting rights forshareholders.
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