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Which of the following can NOT ease the agency conflict between shareholders and managers? Shareholders give the managers the right to veto takeovere by corporations.
Which of the following can NOT ease the agency conflict between shareholders and managers?
Shareholders give the managers the right to veto takeovere by corporations.
Stock options as a part of the manager's compensation.
Independent board directors.
More financial transparency.
Hiring independent auditors.
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Financial Management Principles And Practice
Authors: Timothy Gallagher
6th Edition
1930789157, 978-1930789159
