Which one of the following statements accurately describes a key
premise of agency theory?
   a. By protecting stockholder interests, all the
interests of society are served.
   b. Stockholders do not have a clear interest in
greater returns.
   c. Managers are self-interested and willing to
sacrifice those self-interests for others (particularly
stockholders.
   d. Employees monitor how agents handle company
strategies.
   e. Newspapers report how agents manage company
strategies.

Please don’t guess the answer. I want to reconfirm my answer.
Thanks.