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Which of the following help ensure managers act in the best interest of owners? A compensation package for managers that ties their salary to the
Which of the following help ensure managers act in the best interest of owners?
A compensation package for managers that ties their salary to the firm's share price.
II Managers are promoted only if the firm prospers.
II The threat that if the firm does poorly, shareholders will use a proxy fight to replace the existing manage
IV There is a high degree of likelihood the firm will become a takeover candidate if the firm performs poorl
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