It is reported that mergers involving very large ﬁrms are more likely to turn out to be failures than mergers involving small ﬁrms.The explanation for this ﬁnding is often related to agency theory. How?

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The Answer of It is reported that mergers involving very large ﬁrms are more likely to turn out to be failures than mergers involving small ﬁrms.The explanation for this ﬁnding is often related to agency theory. How?

It Is Reported That Mergers Involving Very Large ﬁRms Are