What are some of the mechanisms that shareholders can use

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1. If some shareholders should be ignored, some might argue that shareholder value itself is an invalid principle for corporate decision making. If so, what alterna- tives are there? Discuss how to assess their validity.

2. Managers, rather than shareholders or boards of directors, make day-to-day operating decisions for most companies. What are some of the mechanisms that shareholders and boards can use to ensure that managers make decisions in the best interests of shareholders?

Reference no: EM13893873

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