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Critically evaluate the extent to which incentive alignment and monitoring are effective corporate governance mechanisms. Provide two suggestions on how to mitigate the agency costs

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Critically evaluate the extent to which incentive alignment and monitoring are effective corporate governance mechanisms. Provide two suggestions on how to mitigate the agency costs associated with these mechanisms. Required Papers: Martin, G.P., Wiseman, R.M. and Gomez-Mejia, L.R., 2019. The interactive effect of monitoring and incentive alignment on agency costs. Journal of Management, 45(2), pp.701-727. Belghitar, Y. and Clark, E., 2015. Managerial risk incentives and investment related agency costs. International Review of Financial Analysis, 38, pp.191- 197. Critically evaluate the extent to which incentive alignment and monitoring are effective corporate governance mechanisms. Provide two suggestions on how to mitigate the agency costs associated with these mechanisms. Required Papers: Martin, G.P., Wiseman, R.M. and Gomez-Mejia, L.R., 2019. The interactive effect of monitoring and incentive alignment on agency costs. Journal of Management, 45(2), pp.701-727. Belghitar, Y. and Clark, E., 2015. Managerial risk incentives and investment related agency costs. International Review of Financial Analysis, 38, pp.191- 197

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