Question: Agency problems are inevitable. That is, we can never expect managers to give 100% weight to shareholders interests and none to their own. a. Why
Agency problems are inevitable. That is, we can never expect managers to give 100% weight to shareholders’ interests and none to their own.
a. Why not?
b. List the mechanisms that are used around the world to keep agency problems under control.
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a While it is true that managers have a fiduciary duty to sha... View full answer
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