Question
A principal-agent problem occurs as the principal's and the agent's interests or incentives are different. Prior to beginning work on this discussion, read Tim Worstall's
A principal-agent problem occurs as the principal's and the agent's interests or incentives are different. Prior to beginning work on this discussion, read Tim Worstall's article, Solving the Principal Agent Problem: Apple Insists that Executives Must Hold Company Stock(Links to an external site.). Who are the principal and the agent in a company like Apple in the article? How are their interests or incentives in conflict? Can this principal-agent problem be resolved? Make sure to discuss incentive effects
https://www.forbes.com/sites/timworstall/2013/03/01/solving-the-principal-agent-problem-apple-insists-that-executives-must-hold-company-stock/?sh=700d5f676e01
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