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

Business

Micah Meyers

12 November, 15:27

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

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Answers (2)

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Mckenzie Grimes · Answer 1

C) corporate insiders and rulers of sovereign states.

Explanation:

In Business management, corporate insiders and rulers of sovereign states are twin agency problems limiting financial globalization from acting in their own self-interests rather than the interests of the firm.

A corporate insider is an individual such as a senior officer, director or entity that owns more than 10% equity of a public firm.

Rulers of sovereign states enjoy autonomy because they're independent.

Marcelo Blankenship · Answer 2

Answer: C. corporate insiders and rulers of sovereign states.

Explanation: There are twin agency problems limiting financial globalization caused by two group which are "corporate insiders and rulers of sovereign states".

"Corporate insiders" are employees due to their job responsibilities and access to information are designated by corporate law group as pre clearance insider of Hartford.

"Sovereign States " is a state that is not dependent or subject to other power or state, that it is independent and function on his own without external control. It is defined by population and boundary.