Global regulations require that shareholders in all countries have the same

Global regulations require that shareholders in all

This preview shows page 46 - 48 out of 110 pages.

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
Background image
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.
Background image
Image of page 48

You've reached the end of your free preview.

Want to read all 110 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes