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Three internal governance mechanisms

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Reference no: EM131996806

If you look at the three internal governance mechanisms (ownership concentration, boards of directors, and executive compensation), what possible fourth mechanism would help align the interests of managerial agents with those of the firm's owners. Can you give me an example to help my understanding?

And can you help me understand how U.S.-based corporations could incorporate elements of the corporate governance practices to help top-level managers make better ethical decisions?

Reference no: EM131996806

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