莲勇哈餐多产孝 人力资源管理 12-29.Which of the following is not a type of agency cost that arises in managerial compensation? a.Management's desire for perquisites b.Management's risk aversion c.Replacement costs d.Different decision-making horizons for principals and agents Ans:c Difficulty:M Page 423 L03 12-30.Which of the following is not a feature of outcome-oriented principal-agent contacts? a.When profits are high,compensation goes up. b.The principal must invest in monitoring information. c.Agents require a compensating wage differential. d.Risk is transferred to the agent. Ans:b Difficulty:H Page 424 L03 12-31.When using agency theory to analyze employee compensation,employees are referred to as the a.agents. b.principals. c.agency costs. d.stakeholders. Ans:a Difficulty:M Page 423 LO3 12-32.According to agency theory,when a compensation system aligns the interests of the agent with the principal's own interests,the compensation system should 第8页共27页人力资源管理 12-29. Which of the following is not a type of agency cost that arises in managerial compensation? a. Management’s desire for perquisites b. Management’s risk aversion c. Replacement costs d. Different decision-making horizons for principals and agents Ans: c Difficulty: M Page 423 LO3 12-30. Which of the following is not a feature of outcome-oriented principal-agent contacts? a. When profits are high, compensation goes up. b. The principal must invest in monitoring information. c. Agents require a compensating wage differential. d. Risk is transferred to the agent. Ans: b Difficulty: H Page 424 LO3 12-31. When using agency theory to analyze employee compensation, employees are referred to as the a. agents. b. principals. c. agency costs. d. stakeholders. Ans: a Difficulty: M Page 423 LO3 12-32. According to agency theory, when a compensation system aligns the interests of the agent with the principal’s own interests, the compensation system should 第 8 页 共 27 页