Which of the Following Statements Best Represents the "Agency Problem

question 84

Multiple Choice

Which of the following statements best represents the "Agency Problem"?

• A) Managers might attempt to benefit themselves in terms of salary and perquisites at the expense of shareholders.
• B) The agency problem results from the separation of management and the ownership of the firm.
• C) The agency problem may interfere with the implementation of maximizing shareholder wealth.
• D) all of the above