An agency problem exists when managers are tempted to serve their own interests rather than those of the MNC or, consequently, shareholders.

Name: An agency problem exists when managers are tempted to serve their own interests rather than those of the MNC or, consequently, shareholders.
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Question

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An agency problem arises when there's a conflict of interest between managers and shareholders, as managers may prioritize personal gains over the company's or shareholders' interests.

An Agency Problem Exists When Managers Are Tempted to Serve