Multiple Choice
Which three of the following relate to the owner- control argument?
A) Owners can only exert effective control by becoming agents of the company.
B) Managers should have to ask for investment funds; this subjects their plans to scrutiny.
C) Firms should be encouraged to distribute a high proportion of earnings.
D) Investors can reduce the principal- agent problem and achieve greater goal congruence by taking suitable actions.
Correct Answer:

Verified
Correct Answer:
Verified
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