This subject is for Financial Management i) The magnitude of agency cost can vary with the management
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Question:
This subject is for Financial Management
i) The magnitude of agency cost can vary with the management style of Multinational Corporation (MNC). Differentiate between centralized and decentralized of management styles. Identify (five) methods used by an MNC to improve their centralized internal control process. Please elaborate. For International people to use and understand.
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- Multinational Corporation (MNC) faces greater agency costs than purely domestic firms. State and explain (four) arguments to support this statement.
Please elaborate. For International people to use and understand.
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> - A Multinational Corporation (MNC) are defined as firms that engage on some form of international business. Describe (four) reasons agency cost for Multinational Corporation (MNC) are larger than the purely domestic firms.
Please elaborate. For International people to use and understand.
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Expert Answer:
Part A Management styles can be primarily classified into two types Centralized and Decentralized In ... View the full answer
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