What causes the agency problem in corporations?

The emergence of stock$-$based compensation for managers.

Paying managers with performance$-$based bonuses.

The separation between those who own the firm $($i$.$e$.$ shareholders$)$ and those who run the firm $($i$.$e$.$ management$)$

Agency problems do not occur in corporations. They are limited to partnerships $($both general and limited$).$

What causes the agency problem in corporations?

The emergence of stock$-$based compensation for managers.

Paying managers with performance$-$based bonuses.

The separation between those who own the firm $($i$.$e$.$ shareholders$)$ and those who run the firm $($i$.$e$.$ management$)$

Agency problems do not occur in corporations. They are limited to partnerships $($both general and limited$).$

What causes the agency problem in corporations?

The emergence of stock$-$based compensation for managers.

Paying managers with performance$-$based bonuses.

The separation between those who own the firm $($i$.$e$.$ shareholders$)$ and those who run the firm $($i$.$e$.$ management$)$

Agency problems do not occur in corporations. They are limited to partnerships $($both general and limited$).$