老师下题是2019年mock exam B下午场的题,委托代理问题还会出现在雇员和雇主之间吗?这个委托代理问题不仅是指shareholder和mgt之间,定义更广泛对吗?。顺便问一下这套mock题里corporate finance的case考法常规吗?大段的阅读理解啊。。。
题干:
▪ an incentive pay package was negotiated with the remaining employees to improve productivity and efficiency
题目:
Q2. Based on the actions by TMTZ over the previous twelve months, which two parties most likely have a principal agent problem that has been mitigated in an equitable manner?
A. Management and employees
B. Suppliers and customers
C. Management and shareholders in regard to board composition
Solution
A is correct. Management and employees have a principal (management) and agent (employees) problem in regard to pay. The incentive based pay package mitigates this problem in an equitable manner where both parties can recognize a benefit.