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Which of the following is a conclusion of agency theory?A. Managers may accept excessive financial risks to Which of the following is a conclusion of agency theory?A. Managers may accept excessive financial risks to increase the returns to shareholders.B. Managers tend to avoid high-risk, high-return investments that may jeopardize their positions if successful.C. Managers will always use the least expensive source of funds to finance […]

Which of the following is a conclusion of agency theory?A. Managers may accept excessive financial risks to Which of the following is a conclusion of agency theory?A. Managers may accept excessive financial risks to increase the returns to shareholders.B. Managers tend to avoid high-risk, high-return investments that may jeopardize their positions if successful.C. Managers will always use the least expensive source of funds to finance […]

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