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Agency problem has led to the requirement of an efficient corporate governance. What mechanisms are used...

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Finance

Agency problem has led to the requirement of anefficient corporate governance. What mechanisms are used around theworld to keep this agency problem under control?

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Agency problem arises due to conflict of interest between promoters of company or stockholdersand the management The conflict arises due to interest of stockholder to maximize their own wealth whereas    See Answer
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Agency problem has led to the requirement of anefficient corporate governance. What mechanisms are used around theworld to keep this agency problem under control?

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