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Under what conditions are shareholders likely to incur agency costs when managers make capital budgeting decisions?
Startle Reactions
The automatic, rapid response of the body to a sudden, unexpected stimulus, usually perceived as potentially threatening.
Difficulty Sleeping
Challenges or disturbances in falling asleep or staying asleep through the night, which may result in insufficient sleep.
Preoccupation
An absorption or obsession with a thought or feeling that persistently occupies the mind.
Impulsively Acting Out
Exhibiting behavior characterized by little or no forethought, reflection, or consideration of the consequences.
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