EBK MANAGERIAL ECONOMICS
EBK MANAGERIAL ECONOMICS
4th Edition
ISBN: 9780100546622
Author: FROEB
Publisher: YUZU
Question
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Chapter 21, Problem 21.5IP

(a)

To determine

The principal-agent problem between VCs and managers. 

(b)

To determine

The role of two components in the incentive conflict.

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