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Which of the following actions are likely to reduce agency conflicts between stockholders and managers a Paying managers a large fixed salary b Increasing the threat of corporate takeover

Which of the following actions are likely to reduce agency conflicts between stockholders and managers?a. Paying managers a large fixed salary. b. Increasing the threat of corporate takeover. c. Placing restrictive covenants in debt agreements.d. All of the statements above are correct.e. Statements b and c are correct.

 

Apr 29 2020 View more View Less

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