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Question 5 All else equal, in which of the following forms of business would the possibility of an agency problem between shareholdirs and managers be

Question 5
All else equal, in which of the following forms of business would the possibility of an agency problem between
shareholdirs and managers be the greatest?
A proprietorship
A corporation with huge institutional ownership
A U.S. corporation with widely dispersed ownership
A foreign corporation with concentrated ownership-that is, relatively few owners
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