In 'Agency Theory' of corporate governance, the management is required
Agency theory requires management to carry out operations on behalf of shareholders. Shareholders are the principals and managers act as their agents, creating a need to…
Choose your answer
In 'Agency Theory' of corporate governance, the management is required
Answer and explanation
Correct answer B
Agency theory requires management to carry out operations on behalf of shareholders. Shareholders are the principals and managers act as their agents, creating a need to align managerial decisions with shareholder interests.
Practice for these exams
-
West Bengal SET (WB SET)