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The CEO of Company A is considering entering into an agreement to have the company buy another company (Company B). An analyst has suggested that
The CEO of Company A is considering entering into an agreement to have the company buy another company (Company B). An analyst has suggested that the price might be too high, but the CEO of Company A will remain the CEO of the larger combined company. The new company will generate much larger income, the CEO compensation and prestige will also increase. Discuss the nature of agency conflict here, and evaluate how it relates to ethical consideration.
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