_____ Is a Mechanism to Mitigate Potential Agency Problems

question 57

Multiple Choice

_____ is a mechanism to mitigate potential agency problems.

• A) Tying income of managers to success of the firm
• B) Directors defending top management
• C) Anti takeover strategies
• D) Straight voting method of electing the board of directors

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Definitions:

Performance Of Subordinates

The level of efficiency and effectiveness demonstrated by employees in achieving their job responsibilities.

External Monitoring

The process of periodically reviewing and assessing the external environment to understand opportunities and threats relevant to an organization's objectives.

Identifying Threats

The process of recognizing potential dangers that could harm an individual, organization, or system.

Political Tactics

Strategies and maneuvers used by individuals or groups within an organization to gain power or advantages, often involving subtle or covert actions.