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If we consider only agency costs associated with the issuance of debt,then this implies that the firm should move toward 100 percent debt financing.
360-degree Feedback
A performance appraisal method where an employee is rated on their performance by people who know them and their work, including supervisors, peers, and subordinates.
Performance Appraisals
The process by which a manager or consultant evaluates and provides feedback on an employee's work performance.
Task Leadership
Goal-oriented leadership that sets standards, organizes work, and focuses attention on goals.
Severity Errors
Mistakes in assessment or judgment that occur when the severity or seriousness of an event or behavior is underestimated or overestimated.
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