In a Large Corporation, the Agents in Agency Theory Are

question 14

Multiple Choice

In a large corporation, the agents in agency theory are

• A) shareholders.
• B) the board of directors.
• C) employees.
• D) stakeholder groups.
• E) top management.

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Definitions:

Defamatory

A statement that unjustly harms someone's reputation by making false or misleading claims.

Public Official

An individual holding a position of authority in a governmental organization, responsible for the rights and welfare of the public.

Reckless Disregard

Reckless disregard denotes a conscious indifference to the rights or safety of others or a known risk, acting without concern for the likely consequences.

Fraudulent Misrepresentation

A false statement made knowingly, without believing in its truth, or recklessly, with the intention to deceive and induce another party to enter into a contract.