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The Principal-Agent and Moral Hazard Problem

The Principal-Agent and Moral Hazard Problem. Zach Bishop Brian Lee Jonathan Mascolo Nicole Lee David Van Buren Hoa Pham. Moral Hazard in Equity Contracts. The Principal-Agent Problem. Equity contracts: claims to a share in the profits and assets of a business. example: common stock

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Enron investors - PowerPoint PPT Presentation

The Principal-Agent and Moral Hazard Problem