It is an axiom that may be characterized by managers making decisions that conflict with the best interest of the shareholders. a. the risk-return trade-off b. the agency problems c. the curse of competitive markets d. stockholders versus managers

It is an axiom that may be characterized by managers making decisions that conflict with the best interest of the shareholders. a. the risk-return trade-off b. the agency problems c. the curse of competitive markets d. stockholders versus managers

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter1: An Overview Of Financial Management And The Financial Environment

Section: Chapter Questions

Problem 4MC

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Question

It is an axiom that may be characterized by managers making decisions that conflict with the best interest of the shareholders.

a. the risk-return trade-off

b. the agency problems

c. the curse of competitive markets

d. stockholders versus managers

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