Question: The likelihood of the same managers, managing the same assets, performing more effectively and reducing the level of principal - agent conflicts, is greater wh
The likelihood of the same managers, managing the same assets, performing more effectively and reducing the level of principalagent conflicts, is greater wh
the firm operates under the market for corporate control.
the firm has CEO duality.
private equity is involved.
informal rules are taken out of the mix.
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