ESSEN.OF.INVESTMENTS+CONNECT
ESSEN.OF.INVESTMENTS+CONNECT
10th Edition
ISBN: 9781260361605
Author: Bodie
Publisher: MCG
Question
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Chapter 1, Problem 4PS
Summary Introduction

To Discuss:

The agency problem and the approaches to solve them

Introduction:

Generally the shareholders are considered as the real owners of the company. A company usually has large number of shareholders therefore it is difficult to make each one of them manage the company. Therefore, separation of ownership and management helps the company in smooth management.

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