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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:
Investigate a recent company merger or take-over and: i) Critically evaluate the means by which managers may determine the bid price in such acquisitions. (You should use the b
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what makes a preference shares a hybrid?
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