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A divisional manager makes a risky decision to gain a promotion knowing full well that if the decision proves a bad one that he or
A divisional manager makes a risky decision to gain a promotion knowing full well that if the decision proves a bad one that he or she will not bear the full cost.
This is an example of what type of agency cost?
a.Shirking
b.Moral hazard
c.Stealing
d.none of the above
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