Hostile takeovers are less common in Canada because:
A) Canadian use of IFRS makes companies appear less profitable.
B) share ownership is not widely held.
C) companies have greater regulatory requirements.
D) the government does not allow hostile takeovers.

Question

Quizplus · Accepted Answer

In Canada, share ownership is often concentrated among a few large shareholders, making it more difficult for hostile takeovers to succeed compared to countries where ownership is more widely dispersed.

Hostile Takeovers Are Less Common in Canada Because