One reason for the existence of agency problems between, Ask an Expert

Finance

One reason for the existence of agency problems between managers and share holder is that:

a. managers know how to manage the firm better than shareholders.

b. thre is a separation of ownership and control of the firm.

c. shareholders have unreasonable expectations about manager's performance.

d. none of these.

Which of the following is least likely to be part of an Annual Report?

a. financial tables

b. discussions of the firm's product lines, its services to its customers, and its contributions to the communities in which it operates

c. audited financial statements

d. ratio analysis of other firms in the same industry.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92074247

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