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These unnecessary investments lead to poor performancecreatingconflicts between shareholders and managers
The choices and alternative projects for investment of firmscan createa conflict between bond holders and shareholders
The separation of ownership andmanagementmay createconflict between the shareholders and themanagement
the factcan triggerconflict in between the shareholders and this
Business owners may not be as averse to riskmay causeconflict between the owners and shareholders
the own interest so that they prefer their own interest rather than the interest of the company , on the(passive) can be influenced byA conflict between shareholders and creditors
This taxation systemcreatesa conflict between shareholders and companies
which despite being private would not issue shares or dividends to outside membersthereby preventingconflict between shareholders and the public
the managementcreatesa conflict between shareholders and management
the previous decisionwas causingconflict between shareholders
to the costs ... so - called " burden - sharingcontributeto the costs ... so - called " burden - sharing
to the costs and competition distortionscontributeto the costs and competition distortions
underinvestment ... as demonstrated by Myers ( 1977can ... createunderinvestment ... as demonstrated by Myers ( 1977
to serious issues and even the collapse of a companycan quickly leadto serious issues and even the collapse of a company
damage to the company ... to its image and even to its businesscausedamage to the company ... to its image and even to its business
from the separation of ownership and controlresultsfrom the separation of ownership and control
how firms are runinfluencehow firms are run
shareholders to prefer immediate payoutsleadsshareholders to prefer immediate payouts