Question

Because of poor management, the stock price of Orange Dolphin Inc. falls and many investors sell their shares. Soon Orange Dolphin becomes the target of a hostile takeover, during which Hans buys enough shares to exert control over the firm. In this scenario, Hans performs the role of a(n) __________.

A) outside director.B) inside director.C) corporate raider.D) corporate consultant.

Answer 1

C) corporate raider.

Step-by-step explanation:

Corporate raider: In business, the term "corporate raider" is described as a person or an investor who tends to buy a huge number of shares in a specific corporation whose benefits or advantages appears to be "undervalued". However, if a corporate raider purchases a large number of shares then it would give him or her the significant "voting rights" that could be utilized to develop changes in a specific company's management and leadership.

In the question above, the given statement represents a corporate raider.