Which of the Following Problems Arises Within Owner-Manager Agency Relationships

question 23

Multiple Choice

Which of the following problems arises within owner-manager agency relationships?
$$\begin{array} { l l l } \text { I. } \text { Risk aversion } & \text { III. Clan delution } \\\text { II. Asset substitution } & \text { IV. } \text { Dividend retention }\end{array}$$

• A) I and III.
• B) I and IV.
• C) II and III.
• D) II and IV.

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