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Agency problem

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Reference no: EM13177467

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

a. The agency problem results from the separation of management and the own¬ership of the firm.
b. The agency problem may interfere with the implementation of maximizing shareholder wealth.
c. Managers might attempt to benefit themselves in terms of salary and perqui¬sites at the expense of shareholders.
d. all of the above.

Reference no: EM13177467

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