Which of the following ways in which a manager's behavior might harm a firm's value?

Select one:

a. managers might avoid making difficult but value-enhancing decisions that harm friends in the company.

b. managers might not release all the information that investors desire.

c. managers might not expend the time and effort required to maximize firm value.

d. all of these answers

e. managers might take on too much risk or they might not take on enough risk.