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: 1. Informal
The likelihood of the same managers, managing the same assets, performing more effectively and reducing the level of principal-agent conflicts, is greater when:
1. Informal rules are taken out of the mix.
2. The firm has CEO duality.
3. The firm operates under the market for corporate control.
4. Private equity is involved.
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