FINS3626 Final Exam Notes
FINS3626 - International Corporate Governance
27 Pages • Complete Study Notes • Year: Pre-2018
TOPIC 7 AGENCY PROBLEM, DEBT AS A GOVERNANCE MECHANISM, SHAREHOLDER ACTIVISM Governance • The explicit and implicit law of the firm • Mechanisms to: o Ensure balance of power and responsibility o Minimise the conflict of interest – between agents and principals o Improve firm performance Agency Problems and costs • Reduction of managerial effort • Inefficient investment policies – over/ under investment • Extraction of resources o Transfer pricing to associates o Excessive monetary rewards & perks • Earning manipulation/ creative accounting
This document is 50 Exchange Credits
More about this document:
|
|
This document has been hand checkedEvery document on Thinkswap has been meticulously hand checked to make sure it's correctly described and categorised. No wading through heaps of irrelevant content. |
|
|
This is a Complete Set of Study NotesComplete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics. |
|
|
What are Exchange Credits?Exchange Credits represent the worth of each document on Thinkswap. In exchange for uploading documents you will receive credits. These can then be used to checkout other documents on Thinkswap. |
|
|
We aren't happy till you're happyEach document purchased on Thinkswap is covered by our Satisfaction Guarantee policy. If the document is not of an acceptable quality or the document was incorrectly described or categorised, Thinkswap will provide a full refund of Exchange Credits so you can purchase another document. For more information please click here. |
Students are required to always deal ethically with work on Thinkswap
Studying from past student work is an amazing way to learn and research, however you must always act with academic integrity.
This document is the prior work of another student and has been made available to plagiarism detection tools. Do not copy from this work. Understand how you can responsibly use this work by visiting ‘Using Thinkswap resources correctly’.
Similar documents to "FINS3626 Final Exam Notes" avaliable on Thinkswap
Documents similar to "FINS3626 Final Exam Notes" are suggested based on similar topic fingerprints from a variety of other Thinkswap Subjects