"When managers make multinational finance decisions that maximize the overall present value of future cash flows, they maximize the firm's value, and hence shareholder wealth".

You are required to search at least three (3) journal research articles related to agency problem/theory. Based on these research articles, you are required to write on how business organisations are affected by the agency problem (20 marks)

Note: Read each question carefully. Each answer should not exceed 2,000 words.