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2 a What is managerial power theory and what are its implications ? ( points ) b . Provide an economic critique of the statement
2 a What is managerial power theory and what are its implications ? ( points ) b . Provide an economic critique of the statement " U.S. corporate governance is overly focused on shareholders at the expense of employees and other corporate stakeholders . " ( 5 points ) c . Explain how each of the following market forces helps reduce incentive conflicts between shareholders and management ( 5 points ) : i the market for corporate control , . the managerial labor market , and . the product market
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