Question: Self - interested managers may be tempted to Multiple Choice indulge in expensive perquisites at company expense. waste company funds by undertaking unprofitable projects that
Selfinterested managers may be tempted to
Multiple Choice
indulge in expensive perquisites at company expense.
waste company funds by undertaking unprofitable projects that benefit themselves but not shareholders.
adopt antitakeover measures for their company to ensure their personal job security.
All of the options are potential abuses that selfinterested managers may be tempted to visit upon shareholders.
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