"Please can I get a feedback to this discussion post below in 2 hours. Thanks There was...

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Accounting

"Please can I get a feedback to this discussion post below in 2hours. Thanks
There was only one current agency conflict that I found and thatwas the improperly handling of customers’ accounts by the SanFrancisco bank Wells Fargo. In this case, the employees of thisbank opened accounts and transferred funds that were not wanted bythe customers. In doing so the employees were rewarded withcompensation due to selling products and opening accounts(Competitive Enterprise Institute). Possible solutions to resolvingproblems within the agency are to audit any work done bymanagement, investors and analysts need to monitor anyone that isperforming poorly, get rid of upper management that is notperforming properly, and vote for a new board of directors ifshareholders are not satisfied with results. If managers focus onthe shareholders interest rather than their own then most of theseproblems can be solved.

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The agency problems starts from the point when the activities of the management are working against the shareholders target ie to appreciate their wealth As long as the management activities are achieving the desired return on capital there does not See Answer

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"Please can I get a feedback to this discussion post below in 2hours. ThanksThere was only one current agency conflict that I found and thatwas the improperly handling of customers’ accounts by the SanFrancisco bank Wells Fargo. In this case, the employees of thisbank opened accounts and transferred funds that were not wanted bythe customers. In doing so the employees were rewarded withcompensation due to selling products and opening accounts(Competitive Enterprise Institute). Possible solutions to resolvingproblems within the agency are to audit any work done bymanagement, investors and analysts need to monitor anyone that isperforming poorly, get rid of upper management that is notperforming properly, and vote for a new board of directors ifshareholders are not satisfied with results. If managers focus onthe shareholders interest rather than their own then most of theseproblems can be solved.