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Management Studies

Q: Agency theory has been criticized for assuming that managers, left on their own, will behave in ways that reduce the wealth of outside
equity holders when, in fact, most managers are highly responsible stewards of the assets they control. This alternative view of managers has
been called stewardship theory. Why would you agree with this criticism of agency theory?

BOOK: Strategic Management and Competitive Advantage Concepts and Cases - William Hesterly

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92768461

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