Question
During crises, deficiencies in corporate governance can lead to a range of agency problem Agency problems can adversely impact shareholders, as well as other stakeholders.
During crises, deficiencies in corporate governance can lead to a range of agency problem Agency problems can adversely impact shareholders, as well as other stakeholders. Numerous such problems were exposed during the 2008 financial crisis and ensuing Great Recession. The rapidly growing social distancing efforts aimed at slowing the spread of the COVID-19 will likely have a severe short-term impact on economic activitywith potentially lastingeffects. Based on your understanding of corporate governance (from reading Chapter 4),identify some of the opportunities orchallenges the pandemic will createin the area of corporate governance. Explain your answer.
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