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Please refer to the agency theory. Assume the following statement appears in the media: Tech giants such as Google and Facebook have been criticised for

Please refer to the agency theory.

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Assume the following statement appears in the media: Tech giants such as Google and Facebook have been criticised for not paying income tax in New Zealand proportional to their local advertising revenues. Required: Referring to the agency theory, explain (a) why large companies like Google and Facebook are easily criticised by the media. (Maximum words: 150) (b) what possible actions these large companies could take to avoid being criticised by the media. (Maximum words: 100)

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