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Name: Lecturer: Course: Date: Agency Problems The conflict that often arises due to the discrepancy in the interest between stakeholders of a company and its management are the ones referred to as agency problem. The company belongs to the shareholders but they have appointed a manager to be in charge. The manager might however act or make decisions in his interest or another person instead of the shareholders’ interests (Morck 16). In the case study between Germany and the US the lower percentage of individuals incompany might fall. Most managers do not like the fact that they have some people acting as watchdogs who keep on monitoring the activities of the management and also giving directions on what should be done and what should not be done. As a result several disagreements are likely to arise in the United States in the form of agency problems unlike in Germany. Work Cited Top of Form Morck Randall. Generalized Agency Problems. Cambridge Mass: National Bureau of Economic Resear...

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