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True/ False - Agency problem 1) Can be reduced by giving managers salaries that are fixed. 2) Result from the separation of the board of
True/ False
- Agency problem
1) Can be reduced by giving managers salaries that are fixed.
2) Result from the separation of the board of directors and management.
3) Cause shareholders to want managers to maximize profits.
4) May interfere with the goal of maximizing shareholder wealth.
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