Strategic Management: Concepts and Cases: Competitiveness and Globalization 13th Edition by Michael Hitt , R. Duane Ireland , Robert Hoskisson

Exercise 5

Present the following comment to the class: "As a top executive, the only agency relationship I am concerned about is the one between me and the firm's owners. I think that it would be a waste of my time and energy to worry about any other agency relationships." What are these other agency relationships? How would students respond to this person? Do they accept or reject this view? Have them support their position.