__________ firms are treated similarly in financial systems around the world in the handling of their __________ conflict.
A) Small; stockholder-lender
B) Small; manager-stockholder
C) Large; stockholder-lender
D) Large; manager-stockholder

Question

Quizplus · Accepted Answer

Small firms are more likely to have conflicts between stockholders and lenders, as they are more likely to be undercapitalized and have less access to capital markets.

__________ Firms Are Treated Similarly in Financial Systems Around the World