Question
Which of the following statements is (are) correct? (x) Corporate governance is the set of laws, policies, incentives, and monitors designed to handle the issues
Which of the following statements is (are) correct? (x) Corporate governance is the set of laws, policies, incentives, and monitors designed to handle the issues arising from the separation of ownership and control. (y) Agency costs are fees paid by the management of a corporation to compensate any investor that feels it has suffered a loss due to the agency problem. (z) The legal duty between two parties where one party must act in the interest of the other party is known as fiduciary duty. A. (x), (y) and (z) B. (x) and (y) only C. (x) and (z) only D. (y) and (z) only E. (z) only
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