Question: Agency problems can arise between the shareholders ( principals ) and the top management team ( agents ) . Which of the following is an

Agency problems can arise between the shareholders (principals) and the top management team (agents). Which of the following is an example of such problems?
There is information asymmetry and it is difficult for shareholders to know everything that the management team does.
Stockholders can transfer their ownership.
The media sometimes uncovers ethical misconduct in the top management team.
Board of directors are given the role of monitoring the top management team.
Agency problems can arise between the shareholders (principals) and the top

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