Explain several dimensions of the shareholder-principal conflict with manager-agents known as the principal-agent probelm. To mitigate agency problems between senior and executives and shareholders, should the compensation committee of the board devote more to excutive salary and bonue (cash compensation) or more to long -term incentives? Why? What role does each type of pay play in motivating managers?
Paper#25800 | Written in 18-Jul-2015Price : $22