Some businesses try to overcome the agency problem referred to in the chapter by using an incentive

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Some businesses try to overcome the agency problem referred to in the chapter by using an incentive pay plan that is based on the growth of profits over a period. What are the drawbacks of this type of compensation plan?

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Financial Management for Decision Makers

ISBN: 978-0138011604

2nd Canadian edition

Authors: Peter Atrill, Paul Hurley

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Question Posted: Apr 21, 2016 04:29 AM

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Some businesses try to overcome the agency problem referred to in the chapter by using an incentive

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Financial Management for Decision Makers

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