Financial Principle

Explain why the financial principle Conflicts of Interest Cause Agency Problem (The separation of ownership and managers creates challenges for optimal efficiency due to conflicts of interest.)  is important and cite examples of how it has been important in recent years.

Your paper should be a 4 - 6 page Word document, excluding cover page and references page, and conform to the APA guidelines.  Cite a minimum of 3 - 4 scholarly sources to support your position, in addition to the textbook.