Including an employee representative on the board of directors reduces the possibility of opportunistic employer behavior
Indicate whether the statement is true or false
True . This alleviates asymmetric information between the principal and the agent and will reduce the possibility of opportunistic behavior by the principal because the agent is better informed.
You might also like to view...
What is the typical role of a central bank?
A) It serves as a lender of last resort. B) It serves as a bank for the national treasury. C) It regulates depository institutions. D) all of the above
A person who is not working and who has looked for work in the past, but is not looking for work now is not considered "unemployed."
Indicate whether the statement is true or false
The 1997-1998 Asian crisis began as a crisis of confidence in China's financial system
a. True b. False
Marx's point that under capitalism workers are divorced from capital is:
a. How socialism extracts surplus value b. Dialectical materialism c. Imperialism d. Primitive capitalist accumulation e. All of the above