Owner-manager (agency)conflicts are differences between a manager's self-interest and that of the owners who hired the manager.

Question

Quizplus · Accepted Answer

This statement is true. Owner-manager conflicts arise when a manager's actions or decisions serve their own interests over those of the owners they work for. This can include things like using company resources for personal gain or making decisions that prioritize short-term gains over long-term growth for the company. These conflicts can be managed through effective governance structures and mechanisms such as boards of directors and performance incentives.

Owner-Manager (Agency)conflicts Are Differences Between a Manager's Self-Interest and That