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The main external governance mechanism is the _____. a. market for stock options b. market for private equity c. market for product competition d. market for corporate control.

User Elorfin
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Answer:

D) market for corporate control.

Step-by-step explanation:

The market for corporate control refers to the actions carried out by equity markets that attempt to take over a corporation. Examples of corporate control include mergers, takeovers (hostile or friendly), leveraged buyouts and recapitalizations.

In other words, this includes external investors who are willing to take control of a corporation.

User Vlad Poltorin
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