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Question
If socially and environmentally conscious Firm A provides a unique differentiated products with few or no substitutes:
a. It may be able to extract substantial concessions from its managers.
b. Its bargaining power is likely to be substantial.
c. Its bargaining power will not change.
d. It lowers barriers to entry for other firms.
Answer
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Related questions
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In order to tap into a larger pool of capital, Firm A _______ its shares on the stock exchanges in two foreign countries.
a. Cross-lists.
b. Tunnels.
c. Diffuses.
d.
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Which are NOTamong the aspects of globalization?
a. Contact with different governance norms.
b. FPI investors demand more protection.
c. The focus on governance has been replaced by a focus on shareholder value.
d. The global diffusion of best practices.
Q:
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a. Formal institutional framework.
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In light of industry-based considerations, governances practices need to:
a. Follow universal best practices.
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c. Create a fit with the nature of the firms industry.
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Q:
Which of the following is true of AngloAmerican corporate governance systems but not true of GermanJapanese systems?
a. It is bank-oriented and network-based.
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c. It could be described as stakeholder capitalism.
d. It is a highly developed successful economy.
Q:
In recent years, CEO duality has:
a. Is no longer allowed for firms operating in the United States.
b. Increased from 12% in 2002 to 48% in 2010.
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Q:
In regard to family ownership, all of the following are true EXCEPT:
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Q:
Those who are opposed to strong efforts toward CSR would use which of the following arguments?
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b. CSR externalizes an internality.
c. Tough environmental regulation leads to higher costs and reduced competitiveness.
d. Stringent environmental regulation will motivate firms to innovate.
Q:
The CSR debate centers on the question:
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CSR tends to be the least concerned with improving:
a. Global sustainability.
b. Shareholder wealth maximization.
c. Rising levels of population.
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Q:
Although framed in a domestic versus overseas context, the heart of this debate boils down to the foundational thorny point that frustrates CSR advocates: In a capitalist society, the shareholdersotherwise known as capitalistsare the ones who matter at the end of the day.
a. True
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Q:
Choose one of the aspects of the comprehensive model of corporate governanceindustry-based, resource-based, or institution-based considerationsand how those factors influence the overall model.
Q:
Primary stakeholder groups are defined as those who influence or affect, or are influenced or affected by, the corporation, but they are not engaged in transactions with the corporation and are not essential for its survival.
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Agency theory assumes that managers:
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Q:
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a. An ability to avoid bankruptcy and job loss.
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Outside of the Anglo-American world, most large firms:
a. Have a widely held ownership.
b. Insist on significant separation between ownership and control.
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Q:
Ownership will likely be diffused for:
a. A start-up firm.
b. Family-owned firms.
c. State-owned firms.
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Recently, stewardship theory suggests that by and large managers can be viewed as stewards of owners interests.
a. True
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The ability to successfully list a foreign firm on a high-profile exchange such as NYSE leads to a higher valuation for that firm as opposed to domestic firms.
a. True
b. False
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FPI investors demand less protection.
a. True
b. False
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a. True
b. False
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Outside directors of a board are not always independent.
a. True
b. False
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Evidence indicates that family ownership plays a positive role in the performance of large firms.
a. True
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SOEs are an excellent way for firms to solve their incentive problems.
a. True
b. False
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a. True
b. False
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a. True
b. False
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a. True
b. False
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What is the race to the bottom discussed in the text? Give an example that shows it is a real phenomenon, and another example that refutes MNEs contribution to the problem.
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a. NGOs.
b. Managers.
c. Consumers.
d. Suppliers.
Q:
Global R&D has pros and cons for the firm that uses that approach. However, suppose you are the leader of the country where that firm is based. How might you view having R&D being conducted by a global team in a matter that is vital to the nations economic health/and or security?