Managerial entrenchment-no pecuniary benefits

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Reference no: EM13720117

Define each of the following terms IN YOUR OWN WORDS:

a. Agent; principal; agency relationship
b. Agency cost
c. Basic types of agency conflicts
d. Managerial entrenchment; no pecuniary benefits
e. Greenmail; poison pills; restricted voting rights
f. Stock option; ESOP

Reference no: EM13720117

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