Question

Which of the following is not an example of a problem explained by agency theory?

A manager fires underperforming employees.

A manager takes few risks to ensure steady dividends.

A manager encounters a conflict of interest between their responsibilities to shareholders and their responsibilities to employees.

A manager protects her own job rather than the shareholder’s wealth.

Answer 1

d

Step-by-step explanation:

A manager protects her own job rather than the shareholder’s wealth.

its not correct.