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Which of the following statements most accurately describes the difference between private and public firm managers? A. Although managers in a public firm are often paid with incentive compensation, public managers may take a shorter term view than private managers because shareholders often focus on the short-term. B. Because managers in a public firm are often paid with incentive compensation, public managers may take a longer term view than private managers. C. Because managers in a private firm are concerned with having the firm go public, private managers may take a shorter term view than public managers. |