Which of the following statements is not true about the economics-based perspective of 'rationality' or 'self-interest' in explaining the behaviour of managers?
A) Managers will work in their own self-interest unless constrained to do otherwise.
B) Managers are opportunistic and in the absence of safeguards will reduce the amount they will pay for shares.
C) Managers work towards maximising the benefits of all stakeholders.
D) None of the given options are correct.
Correct Answer:
Verified
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