Examlex
Former Prime Minster Stephen Harper was once quoted as saying "I didn't have the personality to be an accountant." Based on this quote,which of the following statements might be inferred about Harper's leadership style?
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.
Merger
The combination of two or more companies into a single company, where they operate as a single legal entity.
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