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
These examples of stimuli were used in the experiment by Vinckier et al. (2007). Mouton is the Frenc
Shortly after his death, George Washington had already become myth—part Moses, part angel—in this wo
In 2007 acclaimed filmmaker Ken Burns released a documentary on World War II that triggered an angry ...
Technical service bulletins (TSBs) are issued by vehicle manufacturers when a fault occurs that ...
When the service work is completed, the hoist should be raised slightly and the safety released ...
The Distribution of Growth Rates, 1975–2009