When Considering the Running of a Corporation, There Is a Principal-Agent

When considering the running of a corporation, there is a principal-agent problem between shareholders and the CEO because

A) shareholders want the firm to maximize the firm's share price while the CEO wants to maximize profits.
B) the CEO is paid in part with stock options.
C) shareholders cannot observe all of the CEO's decisions.
D) shareholders sign confidentiality agreements.
E) shareholders require the firm to pay a dividend.

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