asked 223k views
5 votes
Serena is the CEO of Pedalo Inc., a publicly traded company. The shareholders want Serena on the board of directors despite her recent appointment as the CEO. This decision of the shareholders is most likely because Serena:

asked
User Ccpizza
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8.2k points

1 Answer

5 votes

Answer: D.is likely to provide the board with valuable inside information

Step-by-step explanation:

The options to the question are:

A. is a board member of a major client

B. is more likely than other board members to take care of the stockholders

C. is also the CEO of other companies.

D.is likely to provide the board with valuable inside information

From the question, we are informed that Serena is the CEO of Pedalo Inc., a publicly traded company and that the shareholders want Serena on the board of directors despite her recent appointment as the CEO.

This decision of the shareholders is most likely because Serena is likely to provide the board with valuable inside information.

answered
User Chinthaka
by
8.2k points
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