The managers of LuluApricot, including the CEO, coerce the company's board of directors into giving them exorbitant salaries, free use of the company jet, unlimited use of the company's credit card to pay for weekend excursions to the Bahamas, and several other luxurious perks on the company's dime. Since the CEO of LuluApricot also sits on the board, this plan initially goes off without a hitch. However, some LuluApricot shareholders eventually discover these oversized salaries and perks and decide to overthrow the board of directors by soliciting votes at the annual shareholders' meeting to replace some of the board members involved in the scheme. What type of conflict is occurring and what action is being taken by the