Which of the following is likely to reduce agency conflicts? Select answer from the options below The threat of the firm being a takeover target Guaranteeing managers a large base salary A board of directors comprised mostly of insiders Hiring few qualified managers

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Which of the following is likely to reduce agency conflicts? Select answer from the options below  The threat of the firm being a takeover target  Guaranteeing managers a large base salary  A board of directors comprised mostly of insiders  Hiring few qualified managers

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