WHICH OF THE FOLLOWING IS LEAST LIKELY TO REPRESENT AN AGENCY PROB...

21. - EXAM SOLUTION 8 FUNDAMENTALS OF CORPORATE FINANCE, 4TH EDITION BREALEY
EXAM SOLUTION 8 FUNDAMENTALS OF CORPORATE FINANCE, 4TH EDITION BREALEY

21. Which of the following is least likely to represent an agency problem?

A) Lavish spending on expense accounts.

B) Plush remodeling of the executive suite.

C) Excessive investment in "safe" projects.

D) Executive incentive compensation plans.