The agency problem between shareholders and managers is the result of ____. a. separation of ownership and management b. conflict of interests between shareholders and managers c. information asymmetry between shareholders and managers d. all of the above

The agency problem between shareholders and managers is the result of ____. a. separation of ownership and management b. conflict of interests between shareholders and managers c. information asymmetry between shareholders and managers d. all of the above

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter31: Capital Markets

Section: Chapter Questions

Problem 5E

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The agency problem between shareholders and managers is the result of ____.

a. separation of ownership and management

b. conflict of interests between shareholders and managers

c. information asymmetry between shareholders and managers

d. all of the above

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