NO.PZ2021091701000041
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.
我知道讲义里有1. 增加debt可以减少agency cost 2. well-designed compensation也可以reduce agency cost。为什么选项A的是主要方法？
