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Between owner and management are separate, management is the person who is given the task to run, then there is a relationship between the owner
Between owner and management are separate, management is the person who is given the task to run, then there is a relationship between the owner (principle) and management (agent) with the aim of maximizing the owner's wealth. This relationship is called an agency relationship. So what about agency conflicts within the company? What exactly is an agency conflict and how to solve it? What types of agency conflicts are known? How to solve all these types of conflicts?
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