22. Agency Issues. Discuss which of the following forms of compensation is most likely to align the...

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22. Agency Issues. Discuss which of the following forms of compensation is most likely to align the interests of managers and shareholders: (L07)

a. A fixed salary.

b. A salary linked to company profits.

c. A salary that is paid partly in the form of the company's shares.

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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