Multiple Choice
The "agency problem" refers to:
A) The inability the owners of a company to control the managers they appoint to run the company
B) The misalignment of goals between the shareholders and managers of a company
C) The misalignment of goals between a principal and his/her agent
D) The tendency for the CEOs of public corporations to receive excessive compensation
Correct Answer:
Verified
Correct Answer:
Verified
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