In order to minimize agency problems, managers may be offered compensation that includes a fixed salary so

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In order to minimize agency problems, managers may be offered compensation that includes a fixed salary so managers' pay is not at risk, allowing managers to focus on the company's business. a bonus based on the level of profit achieved during the year.

an option to buy the company's stock.

incentive pay for achieving higher sales than last year.

Posted Date: Jun 25, 2024 01:29 PM

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In order to minimize agency problems, managers may be offered compensation that includes a fixed salary so

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