At Gregarious Simulation Systems, a cross$-$functional team is formed to work on a project for a new client. The team consiAt Gregarious Simulation Systems, a cross$-$functional team is formed to work on a project for a new client. The team consists of David and four other members. At most of the team$$s presentations to senior management, David takes the lead and discusses project specifics with the management, while others chip in with additional information. At the completion of the project, David is recommended for promotion, while the other team members receive little recognition for their hard work. The reality is that David did very little actual work but spent some time compiling the project report based on different documents submitted by the others. This scenario at Gregarious Simulation Systems is a typical consequence of

moral hazard.

adverse selection.

shared value creation.

corporate governance.sts of David and four other members. At most of the team$$s presentations to senior management, David takes the lead and discusses project specifics with the management, while others chip in with additional information. At the completion of the project, David is recommended for promotion, while the other team members receive little recognition for their hard work. The reality is that David did very little actual work but spent some time compiling the project report based on different documents submitted by the others. This scenario at Gregarious Simulation Systems is a typical consequence of

moral hazard.

adverse selection.

shared value creation.

corporate governance.