Question: ( a ) Explain why an agency problem may arise in a company and how it may become apparent. ( b ) Outline how the

(a) Explain why an agency problem may arise in a company and how it may become apparent.
(b) Outline how the effects of an agency problem may be reduced or removed, giving examples, where possible.
10 marks
 (a) Explain why an agency problem may arise in a company

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