Corporate managers work for the owners of the corporation. Consequently, they should make decisions that are in the interests of the owners, rather than in their own interests. What strategies are available to shareholders to help ensure that managers are motivated to act this way?

Shareholders can do the following: $($Select all the choices that apply.$)$

A$.$ Ensure that all employees are paid a percentage of the company's revenue

B$.$ Ensure that underperforming managers are fired.

C$.$ Write contracts that ensure that the interests of the managers and shareholders are closely aligned.

D$.$ Ensure that employees are paid with company stock and$/$or stock options.

E$.$ Mount hostile takeovers.