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Through the design of compensation contracts, firms can provide incentives for managers that help to re-align managerial and shareholder interests. More specifically, ______ in executive

Through the design of compensation contracts, firms can provide incentives for managers that help to re-align managerial and shareholder interests. More specifically, ______ in executive compensation can offset the ______ of a managers utility function.

Group of answer choices

concavity, concavity

concavity, convexity

convexity, convexity

convexity, concavity

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