Which of these results from the separation of ownership and management in large publicly traded corporations?
A. Corporate managers have stronger incentives to rather quickly transfer control of the firm to more informed management teams.
B. Corporate managers have stronger incentives to rather quickly transfer control of the firm to less informed management teams.
C. Corporate managers have weaker incentives to transfer control of the firm to more informed management teams.
D. Corporate managers have weaker incentives to transfer control of the firm to less informed management teams.
Answer: C
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