Question 1

Equity capital invested in non-public companies is called _____.

Accepted Answer

A)  preferred equity 
B)  common equity 
C)  shared equity 
D)  private equity 
A)  preferred equity 
B)  common equity 
C)  shared equity 
D)  private equity

Question 2

_____ are often labeled independent directors.

Accepted Answer

A)  Managing directors 
B)  Inside directors 
C)  Executive directors 
D)  Outside directors 
A)  Managing directors 
B)  Inside directors 
C)  Executive directors 
D)  Outside directors

Question 3

Corporate governance in ____ enterprises has relatively weak external and weak internal governance mechanisms.

Accepted Answer

A)  exit-based 
B)  voice-based 
C)  unit-trust 
D)  state-owned 
A)  exit-based 
B)  voice-based 
C)  unit-trust 
D)  state-owned

Question 4

The owners of a firm are often known as _____.

Accepted Answer

A)  executers 
B)  acquirers 
C)  brokers 
D)  shareholders 
A)  executers 
B)  acquirers 
C)  brokers 
D)  shareholders

Question 5

Corporations in _____ are market-oriented,high-tension systems.

Accepted Answer

A)  Japan 
B)  continental Europe 
C)  the United States 
D)  China 
A)  Japan 
B)  continental Europe 
C)  the United States 
D)  China

Question 6

In state-owned enterprises,citizens have the rights to enjoy dividends generated from SOEs.

Accepted Answer

A) True 
 B)False

Question 7

In an agency relationship,a person who delegates authority is called a(n)_____.

Accepted Answer

A)  principal 
B)  agent 
C)  manager 
D)  employee 
A)  principal 
B)  agent 
C)  manager 
D)  employee

Question 8

One of the leading indicators of concentrated family ownership and control is the appointment of family members as board chairman,CEO,and other TMT members.

Accepted Answer

A) True 
 B)False

Question 9

_____ refers to a loan that the firm needs to pay back at a given time with interest.

Accepted Answer

A)  Mutual fund 
B)  Debt 
C)  Equity 
D)  Unit trust 
A)  Mutual fund 
B)  Debt 
C)  Equity 
D)  Unit trust

Question 10

The amount of dividend a firm pays its shareholders is always fixed.

Accepted Answer

A) True 
 B)False

Question 11

In the context of governance mechanisms,_____ mechanism refers to shareholders' willingness to work with managers,usually through the board.

Accepted Answer

A)  exit-based 
B)  voice-based 
C)  private equity-based 
D)  corporate control-based 
A)  exit-based 
B)  voice-based 
C)  private equity-based 
D)  corporate control-based

Question 12

A member of the board who is a top executive of the firm is called a(n)_____.

Accepted Answer

A)  outside director 
B)  executive manager 
C)  inside director 
D)  co-manager 
A)  outside director 
B)  executive manager 
C)  inside director 
D)  co-manager

Question 13

Owners,managers,and boards of directors are collectively known as the "tripod" of corporate governance.

Accepted Answer

A) True 
 B)False

Question 14

The institution-based view argues that among a number of firms governed by the same set of rules,some excel more than others because of differences in firm-specific capabilities that leverage advantage in corporate governance.

Accepted Answer

A) True 
 B)False

Question 15

Loan issued by the firm is called a(n)_____.

Accepted Answer

A)  option 
B)  unit trust 
C)  dividend 
D)  bond 
A)  option 
B)  unit trust 
C)  dividend 
D)  bond

Question 16

A voice-based mechanism indicates that shareholders no longer have patience and are willing to "exit" by selling their shares.

Accepted Answer

A) True 
 B)False

Question 17

In the context of internal governance mechanisms,if accounting-based measures are adopted,stock prices obviously are subject to too many forces beyond the manager's control.

Accepted Answer

A) True 
 B)False

Question 18

Market for private equity is also known as the takeover market.

Accepted Answer

A) True 
 B)False

Equity capital invested in non-public companies is called _____.

_____ are often labeled independent directors.

Corporate governance in ____ enterprises has relatively weak external and weak internal governance mechanisms.

The owners of a firm are often known as _____.

Corporations in _____ are market-oriented,high-tension systems.

In state-owned enterprises,citizens have the rights to enjoy dividends generated from SOEs.

In an agency relationship,a person who delegates authority is called a(n)_____.

One of the leading indicators of concentrated family ownership and control is the appointment of family members as board chairman,CEO,and other TMT members.

_____ refers to a loan that the firm needs to pay back at a given time with interest.

The amount of dividend a firm pays its shareholders is always fixed.

In the context of governance mechanisms,_____ mechanism refers to shareholders' willingness to work with managers,usually through the board.

A member of the board who is a top executive of the firm is called a(n)_____.

Owners,managers,and boards of directors are collectively known as the "tripod" of corporate governance.

The institution-based view argues that among a number of firms governed by the same set of rules,some excel more than others because of differences in firm-specific capabilities that leverage advantage in corporate governance.

Loan issued by the firm is called a(n)_____.

A voice-based mechanism indicates that shareholders no longer have patience and are willing to "exit" by selling their shares.

In the context of internal governance mechanisms,if accounting-based measures are adopted,stock prices obviously are subject to too many forces beyond the manager's control.

Market for private equity is also known as the takeover market.

Globalizing Business

Understanding Formal Institutions: Politics, Laws, and Economics

Emphasizing Informal Institutions: Cultures, Ethics, and Norms

Leveraging Resources and Capabilities

Trading Internationally

Investing Abroad Directly

Dealing with Foreign Exchange

Capitalizing on Global and Regional Integration

Growing and Internationalizing the Entrepreneurial Firm

Entering Foreign Markets

Managing Global Competitive Dynamics

Making Alliances and Acquisitions Work

Strategizing,Structuring,and Learning around the World

Competing on Marketing and Supply Chain Management

Managing Human Resources Globally

Managing Corporate Social Responsibility Globally

Filters

Exam 16: Financing and Governing the Corporation Globally

Equity capital invested in non-public companies is called _____.

_____ are often labeled independent directors.

Corporate governance in ____ enterprises has relatively weak external and weak internal governance mechanisms.

The owners of a firm are often known as _____.

Corporations in _____ are market-oriented,high-tension systems.

In state-owned enterprises,citizens have the rights to enjoy dividends generated from SOEs.

In an agency relationship,a person who delegates authority is called a(n)_____.

One of the leading indicators of concentrated family ownership and control is the appointment of family members as board chairman,CEO,and other TMT members.

_____ refers to a loan that the firm needs to pay back at a given time with interest.

The amount of dividend a firm pays its shareholders is always fixed.

In the context of governance mechanisms,_____ mechanism refers to shareholders' willingness to work with managers,usually through the board.

A member of the board who is a top executive of the firm is called a(n)_____.

Owners,managers,and boards of directors are collectively known as the "tripod" of corporate governance.

The institution-based view argues that among a number of firms governed by the same set of rules,some excel more than others because of differences in firm-specific capabilities that leverage advantage in corporate governance.

Loan issued by the firm is called a(n)_____.

A voice-based mechanism indicates that shareholders no longer have patience and are willing to "exit" by selling their shares.

In the context of internal governance mechanisms,if accounting-based measures are adopted,stock prices obviously are subject to too many forces beyond the manager's control.

Market for private equity is also known as the takeover market.

Globalizing Business

Understanding Formal Institutions: Politics, Laws, and Economics

Emphasizing Informal Institutions: Cultures, Ethics, and Norms

Leveraging Resources and Capabilities

Trading Internationally

Investing Abroad Directly

Dealing with Foreign Exchange

Capitalizing on Global and Regional Integration

Growing and Internationalizing the Entrepreneurial Firm

Entering Foreign Markets

Managing Global Competitive Dynamics

Making Alliances and Acquisitions Work

Strategizing,Structuring,and Learning around the World

Competing on Marketing and Supply Chain Management

Managing Human Resources Globally

Managing Corporate Social Responsibility Globally

Filters