The most reliable source for asset values is
A) stock analysts
B) market values
C) book values
D) internal estimates
Which of the following is an example of empire building?
A) The CEO plans a meeting at a luxury resort rather than in the office building.
B) The CEO acquires many smaller firms to make his company larger.
C) A manager expands the product line in which he is an expert rather than the one that is creating the most shareholder value.
D) The CEO favors a safe project, since she might lose if job if the risky project fails.
Monitoring is done by
A) Shareholders
B) Board of directors
C) Lenders
D) All of the above