What does the agency problem refer to? - 2421

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Request Description

What does the agency problem refer to?

a. The conflict that exists between the board of directors and the employees of the firm

b. The problem associated with financial managers and Internal Revenue agents

c. The conflict that exists between stockbrokers and investors

d. The problem that results from potential conflicts of interest between the manager of a business and the stockholders

e. None of the above 

Solution Description

What does the agency problem refer to?

a. The conflict that