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An employee at a technology company chooses to develop their personal software project to launch their startup instead of contributing to the assigned project. Regrettably,

An employee at a technology company chooses to develop their personal software project to launch their startup instead of contributing to the assigned project. Regrettably, the company's investors are unaware of this undisclosed situation. This is an example of a(n)________ in the context of a principal-agent problem. a. shared value creation b. moral hazard c. stakeholder strategy d. adverse selection

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