As mergers, acquisitions, and restructuring have increased in importance, agency theory has become more important in assessing whether
a) A stock repurchase should be undertaken
b) Shareholder goals are truly being achieved by managers in the long run
c) Managers are actually agents or only employees of the firm
d) Managers and owners are actually the same people with the same interests
The question belongs to Accounting and it discusses about a multiple choice question about mergers and acquisitions.
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