Managers’ pursuit of which of the following objectives would NOT lead

Managers’ pursuit of which of the following objectives would NOT lead to a principal-agent problem in a corporation?

A) The corporation’s growth
B) Increased market share for the corporation
C) The maximum possible profit for the corporation
D) A great “golden parachute” or retirement package
E) Increased current salary and fringe benefits

 

ANSWER

C

 

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