kaal:claim:3373393-009
The interests of manager agents and shareholder principals are never fully aligned despite best efforts at monitoring and bonding, so agency losses in the form of residual loss inevitably arise.
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Despite best efforts at monitoring and bonding, the interest of manager agents and shareholder principals in corporate governance are never fully aligned and agency losses inevitably arise from conflicts of interest between principals and agents, known as residual loss.
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failuresupport: arguedfailure: residual-lossfamily: agency-cost-and-managerial-opportunismcorporate-governancecompliance
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