Problem $4$

Part $1$

Attempt $\frac{1}{5}$ for $10$ pts$.$

What can reduce the conflict of interest between shareholders and corporate managers?

Check all that apply:

The threat of being fired by the board of directors

The threat of lawsuits by disgruntled shareholders

Paying firyecutives with restricted stocks or stock options granted over a long period of time

The threat of being fired after a hostile takeover

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