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Agency theory was presented by Jensen and Mackling (1976). In the light of agency theory, critically analyze the main reasons why a conflict of interest
- Agency theory was presented by Jensen and Mackling (1976). In the light of agency theory, critically analyze the main reasons why a conflict of interest arises between Principals and Agents, and Principals and Debtors? Respond in bullets only.
- Which theory is considered a Tax Shield Theory and why risk-taking financial managers prefer to use this theory?
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