Which of the following is a way to reduce agency costs?

Name: Which of the following is a way to reduce agency costs?
Brand: Quizplus
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Question

​Which of the following is a way to reduce agency costs?

Quizplus · Accepted Answer

All options are ways to reduce agency costs. Changing the decision maker can improve decision-making quality, transferring information can reduce information asymmetry, and changing the decision maker's incentives can align their interests with those of the principal. Therefore, utilizing all of these methods can be effective in reducing agency costs.

​Which of the Following Is a Way to Reduce Agency

Which of the Following Is a Way to Reduce Agency