ESSENTIALS OF INVESTMENTS>LL<+CONNECT
ESSENTIALS OF INVESTMENTS>LL<+CONNECT
11th Edition
ISBN: 9781264001026
Author: Bodie
Publisher: MCG
Question
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Chapter 1, Problem 15PS
Summary Introduction

Over sight is used by large institutional investors or creditors as a mechanism to reduce agency problems.

Introduction:

The individual shareholder's influence on the firm is relatively small and they could monitor and improve managers' performance thus improving the firm's value but the relative payoff is very small.

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