Man Ec: #17 Flashcards
1
Q
book value
A
valuation of assets including investment and depreciation
2
Q
corporate control
A
this is the control society has on corporations through markets or regulatory means… regulatory system (SEC, etc), product and factor markets, internal control system or governance by the firms board of directors, capital markets./
3
Q
internal control
A
this is the way that the board of directors oversees the management of a corporation and the direction of the firm