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Keywords: Interests misalignment
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Journal Articles
International Journal of Accounting and Information Management (2017) 25 (1): 70–90.
Published: 06 March 2017
... shareholder may behave opportunistically at the expense of minority shareholders (risk of expropriation or principal–principal problems), whereas in widely held firms the fundamental concern is the risk that management may behave opportunistically at the expense of shareholders (interest misalignment...

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