How might you minimize the agency problems/costs (problems/costs associated with the employee not doing things...
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Finance
How might you minimize the agency problems/costs (problems/costs associated with the employee not doing things in the owners best interest)? Implement incentives and monitoring techniques to align the interest of the employee with the owner. Allow the employee to create their own incentive plan that is in their best interests Give the employee troedom to make their own decisions without accountability Give employees for salary that is not led to their effort of results
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