Quiz Ch 01 – Causes of Agency Costs in a Corporation
Principles of Corporate Finance
Brealey, Myers, and Allen
13th Edition
What could be a reason for a corporation to experience agency costs?
What could be a reason for a corporation to experience agency costs?
Who are considered claimants to a firm’s income stream?
Who typically owns a corporation?
What are the costs associated with conflicts of interest between managers and shareholders in a corporation?
What are the disadvantages of the corporate form?
Which option consists of examples of real assets?
What is the financial objective of a corporation?
What function is typically NOT performed by a corporation as a legal entity?
Which is NOT considered a financial asset?
Which assets are considered intangible?