Which of the following can help align the behavior of managers with the goals of shareholders?

Question

Quizplus · Accepted Answer

Management compensation can incentivize managers to work towards shareholder goals. Managerial labor markets can create competition for managerial positions, leading to the hiring of managers who are more aligned with shareholder goals. An independent board of directors can oversee and guide managerial decisions towards shareholder goals. Therefore, all of the above options can help align the behavior of managers with the goals of shareholders.

Which of the Following Can Help Align the Behavior of Managers