With respect to the financial crisis of 2007-2009, some economists argue that financial service firms should have done a better job of assessing the risk involved in investing in mortgage-backed securities.
Better governance in this context refers to which of the following?
A) improving the assessment of investments.
B) improving the monitoring of investments.
C) improvements in aligning the actions of top managers with the preferences of shareholders
D) all of the above
Question 2
Traditionally, Wall Street investment banks had been organized as partnerships, but by 2000 they had converted to being publicly traded corporations.
As partnerships, the principle-agent problem is ________, but as publicly traded corporations, the principal-agent problem is often ________.
A) reduced; less severe B) increased; more severe
C) increased; less severe D) reduced; more severe
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
A form that the customer should fill out if there is a driveablilty concern to help the service ...
The Lorenz Curve for the United States, 2009
Role of Factors of Production in Determining Output per Worker, 2009
The Distribution of Growth Rates, 1975–2009
American Government: Roots and Reform, 2009 Edition