Which of the Following Statements Best Represents the "Agency Problem

Multiple Choice

Which of the following statements best represents the "Agency Problem"?

A) Managers might attempt to benefit themselves in terms of salary and perquisites at the expense of shareholders.
B) The agency problem results from the separation of management and the ownership of the firm.
C) The agency problem may interfere with the implementation of maximizing shareholder wealth.
D) all of the above