Author Question: Agency problem arises when managers deviate from the goal of maximisation of shareholder wealth by ... (Read 94 times)

gonzo233

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Agency problem arises when managers deviate from the goal of maximisation of shareholder wealth by placing their personal goals ahead of the goals of shareholders.
 
  Indicate whether the statement is true or false

Question 2

The par value on a common stock is used as a basis for determining its fixed dividend.
 
  Indicate whether the statement is true or false



smrtceo

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Answer to Question 1

TRUE

Answer to Question 2

FALSE



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