Question: The agency problem arises when Multiple Choice 0 0 : 4 9 : 1 4 managers act in their own interest, rather than in the
The "agency problem" arises when
Multiple Choice
::
managers act in their own interest, rather than in the interest of shareholders.
there is no separation of ownership and control in a company.
business owners manage the company on their own behalf.
shareholders act in their own interest, rather than in the interest of the board.
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