The twin agency problems limiting financial globalization are caused by these two groups acting in their own self-interests rather than the interests of the firm.
A) rulers of sovereign states and unsavory customs officials
B) corporate insiders and attorneys
C) corporate insiders and rulers of sovereign states
D) attorneys and unsavory customs officials

Question

Quizplus · Accepted Answer

The twin agency problems are caused by corporate insiders (such as executives and board members) acting in their own interests rather than those of the firm, and rulers of sovereign states also acting in their own self-interest to protect their country's economy and political stability. These conflicts can limit financial globalization by creating barriers and restrictions on international investments and transactions. Attorneys and unsavory customs officials may also contribute to these issues, but they are not the main causes of the twin agency problems.

The Twin Agency Problems Limiting Financial Globalization Are Caused by These