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Contracting Cost - Agency Costs
These are costs acquired in devising the contract between the shareholders and managers.
The contract is drawn to ensure management act in the excellent interest of shareholders and the shareholders conversely undertake to compensate the management with their effort.
Examples of the costs are as:
I need help with : an introduction to financial markets and institutions , 2 edition , brown, nesiba, burton
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iwant to learn how todo the maths for accounting
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