Boards of Directors want management to pursue the interests of the shareholders ( higher profits and dividends, higher stock price ) , but sometimes management

Boards of Directors want management to pursue the interests of the shareholders $($higher profits and dividends, higher stock price$),$ but sometimes management pursues its own interests $($power$,$ perks, money$)$ at the expense of shareholders. It is difficult and expensive to monitor and verify that management is always behaving in the shareholders' best interests. These specific problems are studied within:

Question $\mathrm{19}$ options:

Reaganomics

neo$-$capitalism

agency theory

objectivism