Homework SourseWhich of the following statements about equity financing is
Which of the following statements about equity financing is most correct?
| A | A poison pill is a provision in the corporate charter that allows removal of current management. |
Solution
Equity shows proportionate ownership in company. Equityholder of comapny is considered as real owner of comapny. equity is considered as major sources of capital of a company. A proxy fight occurs when an outside group solicits shareholder proxies in an attempt to gain control of the business.
Option (C) is correct answer.
