Research shows that owner-controlled and manager-controlled firms differ in which manner?
A)Owners like to change ownership more often than managers.
B)Managers are less likely to maximize short-run performance and pay.
C)Managers prefer relatively little risk in their pay.
D)Owners pursue more perquisites.

Question

Quizplus · Accepted Answer

Managers often prefer stability and are more risk-averse regarding their compensation, leading them to prefer less variability in their pay compared to owners who might be more willing to take risks for potentially higher returns.

Research Shows That Owner-Controlled and Manager-Controlled Firms Differ in Which