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2. The CEO of Entitled Ltd. has been focused on increasing the size of the firm and maximizing current profits. Your friend, aware of your

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2. The CEO of Entitled Ltd. has been focused on increasing the size of the firm and maximizing current profits. Your friend, aware of your expertise in the field of finance, asks you if the CEO's actions are creating an agency problem, and if so, the options that are available to the shareholders to resolve this problem. How would you answer your friend? You should define what an agency problem is in the answer as well

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