9 Centralization and agency costs. Would the agency problem be more pronounced for an MNC which has...

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9 Centralization and agency costs. Would the agency problem be more pronounced for an MNC which has its parent company make most major decisions for its foreign subsidiaries, or for an MNC which uses a decentralized approach?

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Exploring Economics

ISBN: 9780324395464

4th Edition

Authors: Robert L. Sexton

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