21. Agency Issues. One of the Finance through the Ages episodes that we cited is the 1993...

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21. Agency Issues. One of the "Finance through the Ages" episodes that we cited is the 1993 col- lapse of Barings Bank, when one of its traders lost $1.3 billion. Traders are compensated in large part according to their trading profits. How might this practice have contributed to an agency problem? (L07)

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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