What are agency costs? How do FIs solve the information and related agency costs when household savers
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What are agency costs? How do FIs solve the information and related agency costs when household savers invest directly in securities issued by corporations? What is the ‘free-rider’ problem? LO 1.2
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Related Book For 
Financial Institutions Management A Risk Management
ISBN: 9781743073551
4th Edition
Authors: Helen Lange, Anthony Saunders, Marcia Millon Cornett
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