In general,managerial interests prevail when governance mechanisms are strong.

Question

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When governance mechanisms are strong, it means that there are effective systems in place to ensure transparency, accountability, and responsible decision-making. This can counteract the tendency for managerial interests to prevail over other stakeholder interests. Strong governance mechanisms aim to align the interests of managers with those of shareholders and other stakeholders, ensuring that decisions are made in the best interest of the company as a whole.

In General,managerial Interests Prevail When Governance Mechanisms Are Strong