Agency Issues It is sometimes argued that excess cash held by a firm can aggravate agency problems

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Agency Issues It is sometimes argued that excess cash held by a firm can aggravate agency problems (discussed in Chapter 1) and, more generally, reduce incentives for shareholder wealth maximization. How would you describe the issue here?

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Corporate Finance With Connect Access Card

ISBN: 978-1259672484

10th Edition

Authors: Stephen Ross ,Randolph Westerfield ,Jeffrey Jaffe

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Question Posted: Jul 19, 2024 04:03 PM

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Agency Issues It is sometimes argued that excess cash held by a firm can aggravate agency problems

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Corporate Finance With Connect Access Card

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