http://www.forbes.com/sites/timworstall/2013/03/01/solving-the-principal-agent-p

Question

http://www.forbes.com/sites/timworstall/2013/03/01/solving-the-principal-agent-problemapple-insists-that-executives-must-hold-company-stock/#1a1501227728

1. (20 points) AGENCY PROBLEM After reading the following short article, identify the "principal" and "agent" for APPLE Explain the problem and Apple's solution with one or two sentences. http://www.forbes.com/sites/timworstall/2013/03/01/solving-the-principal-agent-problem- apple-insists-that-executives-must-hold-company-stock/#1 a 1 501 227728

Explanation / Answer

Principal are the owners of apple or shareholders and agent are executives of Apple. Please like answer

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