Why is the agency problem more pronounced for multinational corporations? Check all that apply: MNCs are often larger than purely domestic companies. There are no international laws to prevent agency problems. Monitoring managers in foreign countries is more difficult. Managers raised in different cultures may have different goals and values.
Why is the agency problem more pronounced for multinational corporations? Check all that apply: MNCs are often larger than purely domestic companies. There are no international laws to prevent agency problems. Monitoring managers in foreign countries is more difficult. Managers raised in different cultures may have different goals and values.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Why is the agency problem more pronounced for multinational corporations?
Check all that apply:
MNCs are often larger than purely domestic companies.
There are no international laws to prevent agency problems.
Monitoring managers in foreign countries is more difficult.
Managers raised in different cultures may have different goals and values.
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