The agency problem: the manager of an MNC can make decisions that conflict with the company's goal to maximize shareholder wealth. For example, a decision to establish a subsidiary in a position other than the position can be based on the appeal to a specific manager rather than its potential benefits for shareholders. The decision to expand the subsidiary may be motivated by the desire of the manager to get more compensation is to enhance the value of the MNC. This conflict of objectives between the company's management and shareholders are often called agency problem
đang được dịch, vui lòng đợi..