If a manager does not own stocks in the firm he is running:
A)he cannot be considered a bona fide manager.
B)he is not a residual claimant.
C)he still is a residual claimant since he has a say on how firm's resources are used.
D)he is called a lame duck manager.

Question

Quizplus · Accepted Answer

The Answer of If a manager does not own stocks in the firm he is running:
A)he cannot be considered a bona fide manager.
B)he is not a residual claimant.
C)he still is a residual claimant since he has a say on how firm's resources are used.
D)he is called a lame duck manager.

If a Manager Does Not Own Stocks in the Firm