The principal- agent problem can arise because of a manager's concerns about all of the following except:
A)Company goals
B)Personal wealth
C)Job security
D)Company- provided benefits

Question

Quizplus · Accepted Answer

The principal-agent problem typically arises due to conflicts of interest between a principal (e.g., shareholders) and an agent (e.g., managers), where the agent may prioritize personal interests (like personal wealth, job security, and company-provided benefits) over the company's goals. Therefore, a manager's concerns about company goals are not a cause of the principal-agent problem but rather what the problem prevents from being the primary focus.

The Principal- Agent Problem Can Arise Because of a Manager's