Question
Which of the following may cause managers to work less vigorously than otherwise and/or consume more perquisites because most owners bear most of the cost?
Which of the following may cause managers to work less vigorously than otherwise and/or consume more perquisites because most owners bear most of the cost?
a) Efficiency theories
b) Information theories
c) Agency problems
d) Statistical theories
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Survey of Economics
Authors: Irvin B. Tucker
8th edition
1111989664, 978-1133713357, 1133713351, 978-1111989668
