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Which of the following mitigate the principal-agent problem? a. boards of directors may fire managers b. performance based compensation c. a and b d. threat
Which of the following mitigate the principal-agent problem?
a. | boards of directors may fire managers | |
b. | performance based compensation | |
c. | a and b | |
d. | threat of takeovers | |
e. | all of the above |
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