Conflict between the objectives of shareholders and those of management in a company may anse because


Conflict between the objectives of shareholders and those of management in a company may anse because
A . shareholders are always interested in the short term but those in management are interested in the long term
B . managers are concerned with the level of profits but shareholders are only interested in the long term share price
C . raising the pay of management may be incompatible with increasing shareholder value.
D . managers are more concerned with day to day management than shareholders

Answer: C

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