Which of the following will not reduce the agency problem experienced by shareholders? (a) Increased monitoring by

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Which of the following will not reduce the agency problem experienced by shareholders?

(a) Increased monitoring by shareholders.

(b) Salary bonuses for management based on financial performance.

(c) The granting of share options to management.

(d) The use of restrictive covenants in bond deeds.

(e) The use of shorter contracts for management.

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