Which of these costs is NOT associated with an agency relationship between managers and shareholders?

Name: Which of these costs is NOT associated with an agency relationship between managers and shareholders?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Taxation loss is not directly associated with the agency relationship between managers and shareholders. The other costs (monitoring cost, bonding cost, and residual loss) all relate to the challenges of ensuring that managers act in the best interests of shareholders.

Which of These Costs Is NOT Associated with an Agency