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solina solina
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6 years ago
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 investments.
D) Managers will tend to put the stockholders interests before their own security and ambitions.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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LutionalLutional
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6 years ago
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