Managers of corporations don't always take actions that are in the best interest of the corporation's owners.

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Managers of corporations don't always take actions that are in the best interest of the corporation's owners. What are some of those actions, and how can corporations structure the management contract to help control them?

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Intermediate Financial Management

ISBN: 978-1285850030

12th edition

Authors: Eugene F. Brigham, Phillip R. Daves

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Question Posted: Oct 24, 2016 08:45 AM

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Managers of corporations don't always take actions that are in the best interest of the corporation's owners.

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In a company an agency conflict arises when the manag...View the full answer

Intermediate Financial Management

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