Which of These Are NOT Basic Approaches to Minimizing the Agency

question 56

Multiple Choice

Which of these are NOT basic approaches to minimizing the agency problem?

• A)Ignore the conflict of interest.
• B)Monitor managers' actions.
• C)Align managers' personal interest with those of the owners by making the managers owners.
• D)All of these are basic approaches to minimizing the agency problem.

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Definitions:

Folkman

Refers to Dr. Judah Folkman, a pioneering researcher in the field of angiogenesis and its role in cancer development and treatment.

Problem-Focused Coping

Coping strategies aimed at changing the source of the stress.

Controllable

Describes something that can be directed or governed according to one's wishes or needs.

Stress-Buffering Hypothesis

A theory suggesting that social support can shield individuals from the negative effects of high stress.