Hostile takeovers are less common in Canada because
A) Canadians are less risk oriented.
B) share ownership is not widely held.
C) companies have less cyclical cash flows.
D) share ownership is widely held.

Question

Quizplus · Accepted Answer

In Canada, share ownership is often concentrated in the hands of a few large shareholders, making it difficult for hostile takeovers to succeed without their support.

Hostile Takeovers Are Less Common in Canada Because