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You are valuing two otherwise identical firms in the same industry. One firm has a corporate jet for every executive at the vice president level
You are valuing two otherwise identical firms in the same industry. One firm has a corporate jet for every executive at the vice president level and above, while the other does not have a single corporate jet. More than likely, which firm has the greater stockholder-manager agency costs? Thiv firm has higher stockholder-manager agency costs. no-jet Climultijet uld like to Show Work for this question: Open Show Work
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