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A major cost of the separation of ownership and control of corporations is that the managers of the corporation may sometimes act in their own

A major cost of the separation of ownership and control of corporations is that the managers of the corporation may sometimes act in their own best interest as opposed to shareholders interests. What can shareholders do to discipline self-interested managers? [SELECT ALL THAT APPLY.]

Question 3 options:

fire them

vote to replace the board of directors who can replace the self-interested managers

sell shares to push down the stock price

reduce their pay (fine them)

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