When executives manipulate personnel records to keep or acquire key company personnel,this is an example of

Question

Quizplus · Accepted Answer

This is an example of a moral hazard problem because it involves individuals (executives) taking risks or engaging in unethical behavior (manipulating personnel records) because they do not bear the full consequences of their actions, often due to the information asymmetry between them and other stakeholders (e.g., shareholders, employees).

When Executives Manipulate Personnel Records to Keep or Acquire Key