Business, 10.12.2019 23:31 Jasten

In the context of agency theory, agents are more likely than principals to focus on: a. a short time horizon because it is easy for principals to monitor all the decisions made by the agents. b. a long time horizon because they have less information about the day-to-day business than do principals. c. a long time horizon because they always work for a firm in the long run. d. a short time horizon because it is usually easier to affect firm performance in the short run.

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