Examlex
Which of the following results in impairment of daytime functioning because of difficulty falling and staying asleep?
Agency Problems
Conflicts of interest between the principals (owners or shareholders) and agents (managers) of a company, often arising from differing motives or information asymmetry.
Control Problems
Issues that arise in contexts where one party (the principal) delegates tasks to another party (the agent), who may have different interests or information.
Proxy Fights
Efforts by a group of shareholders to alter company management or policies by persuading other shareholders to vote in a way that is contrary to the current management's wishes.
Agency Problem
A conflict of interest arising between parties in a transaction, typically between the principals (owners) and the agents (managers) of a company, where the agent may not act in the best interest of the principal.
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