NO.PZ2023031001000092
问题如下：
Which of the following is least likely to be true with respect to agency costs and senior management compensation?
选项：
A.Equity-based incentive compensation is the primary method to address the problem of agency costs.
A well-designed compensation scheme should eliminate agency costs.
High cash compensation for senior management, without significant equity-based performance incentives, can lead to excessive caution and complacency.
解释：
B is correct. A well-designed management compensation scheme can reduce, but not eliminate, agency costs.
如题
