Question
What are principal - agent interaction (for publicly traded co)? a. What should be the goal of agents (managers) in that context? Explain. b. What
What are principal - agent interaction (for publicly traded co)?
a. What should be the goal of agents (managers) in that context? Explain.
b. What are some of the concerns that managers will not pursue that goal? Explain c. How can we be sure that managers make decisions to reach that goal? Explain.
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
