Question
Please can I get a feedback to this discussion post below in 2 hours. Thanks There was only one current agency conflict that I found
"Please can I get a feedback to this discussion post below in 2 hours. Thanks
There was only one current agency conflict that I found and that was the improperly handling of customers accounts by the San Francisco bank Wells Fargo. In this case, the employees of this bank opened accounts and transferred funds that were not wanted by the customers. In doing so the employees were rewarded with compensation due to selling products and opening accounts (Competitive Enterprise Institute). Possible solutions to resolving problems within the agency are to audit any work done by management, investors and analysts need to monitor anyone that is performing poorly, get rid of upper management that is not performing properly, and vote for a new board of directors if shareholders are not satisfied with results. If managers focus on the shareholders interest rather than their own then most of these problems can be solved.
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