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Which of the following mechanisms can help align the behavior of managers with the goals of stockholders? Complete managerial discretion over all aspects of the
Which of the following mechanisms can help align the behavior of managers with the goals of stockholders?
Complete managerial discretion over all aspects of the firm.
Nonindependent board of directors.
Welldesigned management compensation
Having stock dispersed among many shareholders rather than having large stockholders.
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