Difference between revisions of "Agency costs"
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(Created page with "Agency costs are incurred when 1) Managers do not attempt to maximize the firms value 2) Shareholders spend extra money to monitor and control managers Cate...") |
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Latest revision as of 19:23, 27 August 2020
Agency costs are incurred when 1) Managers do not attempt to maximize the firms value 2) Shareholders spend extra money to monitor and control managers