The market for corporate control can be defined as:
A)a market in which alternative teams of managers compete for the right to control corporate assets and make top-level management decisions.
B)the market of takeover activity.
C)the competition between management of a company to become the chief executive of a corporation.
D)an auction whereby alternative management teams make a bid to control a company.

Question

Quizplus · Accepted Answer

The market for corporate control refers to the environment where different management teams vie for the opportunity to manage and make decisions for a company's assets, which aligns with option A.

The Market for Corporate Control Can Be Defined As