Question
how respond to following comment: okay so the separation of ownership and management creates a conflict of interests between shareholders and managers, shareholders cannot be
how respond to following comment: okay so the separation of ownership and management creates a conflict of interests between shareholders and managers, shareholders cannot be certain that managers will act in their interests as residual claimants. why is it big problem? managers are employees. just monitor them.
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Intermediate Accounting
Authors: Kin Lo, George Fisher
3rd Edition Vol. 1
133865940, 133865943, 978-7300071374
