Agency problems can least be controlled by:

Question

Quizplus · Accepted Answer

Electing senior managers to the board of directors is not an effective way to control agency problems since board members are often themselves insiders and may collude with management rather than serving the best interests of shareholders. A better approach is to establish good internal controls and procedures, design compensation packages that align manager's goals with those of the shareholders, and have effective corporate governance in place.

Agency Problems Can Least Be Controlled By