How does the threat of a takeover serve as a mechanism to deal with the conflict of interest between owners and managers of a corporation?

Explain the core principles of business finance. In particular
Describe the goal of business finance.
List the major long-term and short-term financial decisions.
Give an example for each major decision.

Capital allocation:
Describe the importance of capital allocation in financial market?
What are the three different approaches for capital allocation?
For indirect transfer, what is the difference between financial middlemen and financial intermediaries?

A corporation owned by a single person is not a sole proprietorship. Why?

How does the threat of a takeover serve as a mechanism to deal with the conflict of interest between owners and managers of a corporation?

How does the threat of a takeover serve as a mechanism to deal with the conflict of interest between owners and managers of a corporation?
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