Confronted with agency problems,which of the following is(are) challenge(s) for principals?
A) Shape the behavior of agents so that they act in accordance with the goals set by principals
B) Reduce the information asymmetry between agents and principals
C) Develop mechanisms for removing agents who do not act in accordance with the goals of principals
D) Develop mechanisms for removing agents who mislead principals
E) All of these are challenges for principals
Correct Answer:
Verified
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