Which of the following would be best considered to be an agency conflict problem in the behavior of the following financial managers?
◦ Sue instructs her staff to skip safety inspections in one of the company's factories, knowing that it will likely fail the inspection and incur significant costs to fix.
◦ Michael chooses to enhance his firm's reputation at some cost to its shareholders by sponsoring a team of athletes for the Special Olympics.
◦ James ignores an opportunity for his company to invest in a new drug to fight Alzheimer's disease, judging the drug's chances of succeeding as low.
◦ Bill chooses to pursue a risky investment for the company's funds, because his compensation will substantially rise if it succeeds.
Serotonin and Risk-Taking Behavior
When removing spark plugs, it is wise to arrange them so that they can be compared and any problem ...
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