Agency problem
Agency problem also known as agency costs occurs in a two-party relationship (principal/agent) where the agent is expected to act or make decisions for the good of the principal.
For example in a corporate the relationship between the management and shareholders. The management is expected to make decisions that will maximize shareholders interest. The problem arises when the two parties have different interests. In the example above the manager may opt to make his own wealth and not act in the company’s best interest which could be maximizing company’s market value.
Examples of agency relationship in finance
Managers/stockholders
Managers/Creditors
Causes of conflicts between managers and stockholders may include;
Remuneration - low remunerations or fixed salaries despite increased profit margins.
Differences in risk profile- stockholders may prefer high-risk return investments contrary to the managers. When high-risk investment go bad the manager risks job loss
Manipulation of accounting systems- to reflect high profits.
Unnecessary perks management award themselves.
Solution to these problems include threat for firing in case of poor performance, shareholders may also threaten to sell the company, remuneration based on performance, incurring agency costs-these are costs incurred while hiring external auditors, setting a control system, legal costs for employment letters and contracts.
Agency problem may be reduced by motivating the manager to act for the companies best interest by offering incentives
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Answer:
Answer is option (c) because after meiosis cell possess only ones set of chromosome i.e (n)...... 23 chromosome......
Answer: The three ways the growth of suburban populations( urbanisation) would affect the environment include:
--> Insufficient water availability,
--> Waste-disposal problems, and
--> High energy consumption.
Explanation:
The growth of suburban population is also called URBANISATION. This is defined as the rapid growth of an urban area which occurred due to the movement of individuals from rural areas into the urban area. There are different reasons why individuals migrate to urban areas these include:
--> for a better access to health care services
--> for more education opportunities
--> To combat the problems of unemployment and
--> for better participation in political and social activities.
The three ways the growth of suburban populations( urbanisation) would affect the environment include:
--> Insufficient water availability: the increase in the urban population creates a high demand for water use both for industrial and domestic uses.
--> Waste-disposal problems, and
--> High energy consumption.
The actual answer is, "A", an ocean trench.
You can find out more about them by researching them up on Google, it's only a few phrases and a hit on the enter key :P
True
oncogene are mutated forms of pronto-oncogene and can lead to over stimulation of the cell cycle.
1) P53 is a inhibitory protein
