Question

What information should a PR advisor best consider when deciding an ethical course of action?
Select one
a. Objective analyses gleaned from reliable internal and external sources
b. Consultations with "yes men" mid-managers seeking career advancement
c. Input gleaned from staff meetings bound by "group think" resurs
d. All of the above​

Answer 1

Answer:

Yet, there is much we do not know about security issuance and capital structure, as recent empirical research has uncovered a host of puzzling stylized facts, like the sluggishness of firms in making capital structure adjustments in response to stock price movements. Moreover, the assumption that managers are driven exclusively by narrow self-interest misses the opportunity to examine the corporate finance ramifications of the behavior of managers whose objectives are aligned with those of the shareholders due to sufficiently high stock ownership (as in the case of Bill Gates or Warren Buffett), intrinsic motivation (e.g., Van den Steen 2005), or matched "mission preferences" (e.g., Besley and Ghatak 2005). There is, therefore, a need for a fresh perspective. ...

Disagreement Costs, Control and Corporate Finance

Explanation:

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