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 limiting financial globalization occur when Corporate insiders prioritize their own interests over those of their firms and when Rulers of sovereign states do the same. This can result in the development of policies and regulations that serve the interests of these groups rather than those of the firms and can limit the ability of firms to operate competitively in global markets. While unsavory customs officials and attorneys may also contribute to agency problems, they are not the primary drivers of the twin agency problems that limit financial globalization.

The Twin Agency Problems Limiting Financial Globalization Are Caused by These