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

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

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

d. An option to buy the company’s shares at an attractive price

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Study Guide To Accompany Fundamentals Of Corporate Finance

ISBN: 9780073012421

5th Edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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