Question: The likelihood of the same managers, managing the same assets, performing more effectively and reducing the level of principal - agent conflicts, is greater when:

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

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