Question: Question 1 (a) Define agency problems, and describe how they give rise to agency costs. Explain how a firm's corporate governance structure can help avoid
Question 1 (a) Define agency problems, and describe how they give rise to agency costs. Explain how a firm's corporate governance structure can help avoid agency problems. (3 marks) (b) One of the financial manager's key decision is financing decision. Discuss (4 marks)
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