The conflict of interests between the goals of the firm's owners and those of its managers is:

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The conflict of interests between the goals of the firm's owners and those of its managers is known as the agency problem. This arises because managers may prioritize their own goals, such as job security or higher salaries, over the interests of the owners, who want their investments to generate maximum profits. This conflict can lead to inefficiencies and can negatively impact the company's performance.

The Conflict of Interests Between the Goals of the Firm's