Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 3 of 9
In shareholder-owned companies, ______ are agents of shareholders.
II. managers
III. employees
I. directors
II. managers
III. employees
User Contributed Comments 2
| User | Comment |
|---|---|
| MAJIDK | Why Not employees? |
| elainedu96 | I believe because employees do not have a say in how the company operates, thus are not agents of shareholders. |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
describe the principal-agent relationship and conflicts that may arise between stakeholder groups
CFA® 2024 Level I Curriculum, Volume 2, Module 3.