The agency problem refers to which of the following situations?
A: Shareholders acting in their own short-term interests rather than the long-term interests of the company
B: A vocal minority of shareholders expecting the directors to act as their agents and pay substantial dividends
C: Companies reliant upon substantial government contracts such that they are effectively agents of the government
D: The directors acting in their own interests rather than the shareholders’ interests
A: Shareholders acting in their own short-term interests rather than the long-term interests of the company
B: A vocal minority of shareholders expecting the directors to act as their agents and pay substantial dividends
C: Companies reliant upon substantial government contracts such that they are effectively agents of the government
D: The directors acting in their own interests rather than the shareholders’ interests
举一反三
- A ________ is when one party in a financial contract has incentives to act in its own interest rather than in the interests of the other party.
- As a , he or she should take civilians’interests as top priority rather than his own benefits.
- We were struck by the extent ________ which teachers‘ decisions served the interests of the school rather than those of the students.
- Shareholder activism means: A: the level of shareholder activity activity within the stock market generally B: the level of involvement shareholders have in the running of a company C: the likelihood of shareholders bringing unethical directors to accout D: the balance of power between shareholders and directors
- We were shocked by the extent to ______ teachers' decisions served the interests of the school rather than those of the students. A: which B: that C: why D: what