Business, 13.12.2019 22:31 keshjdjsjs

The principal-agent problem occurs when
a. the principal gives an agent conflicting objectives which the agent is unable to fulfill.
b. an agent pursues his principal's interests rather than his own interests.
c. a firm's shareholders fulfill their own interest rather than the interests of top management.
d. an agent pursues his own interests rather than the interests of the principal who hired him.

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The principal-agent problem occurs when
a. the principal gives an agent conflicting objective...

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