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Which of the following is NOT an example of a problem explained by agency theory? A manager encounters a conflict of interest between their responsibilities

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Which of the following is NOT an example of a problem explained by agency theory? A manager encounters a conflict of interest between their responsibilities to shareholders and their responsibilities to employees. A manager protects her own job rather than the shareholder's wealth. A manager takes few risks to ensure steady dividends. A manager fires underperforming employees

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