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Mr. Fatcat manages a large corporation. Given his preferences, he would like to take expensive and frivolous trips in the company jet, receive a large
Mr. Fatcat manages a large corporation. Given his preferences, he would like to take expensive and frivolous trips in the company jet, receive a large salary, decorate his office with ancient artifacts, and throw corporate money at projects with borderline prospects for making any significant returns. What motivating influences can help Mr. Fatcat resist these temptations and maximize firm value?
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