Increasing current profits when doing so lowers the value of the firm's equity.
Explanation:
Agency problem is the likelihood that managers may place personal goals ahead of corporate goals. A characteristic feature of corporate enterprises is the separation between ownership and management. Thus, with the objective of survival, management would aim at satisfying instead of maximizing shareholder´s wealth.
Three generic agency problems arise in business firms:
-The conflict between the firm´s owners and its hired managers.
-The conflict between controlling and minority shareholders.
-The conflict between shareholders and non shareholders constituencies.
Answer with Explanation:
It depends upon the college or university you choose. If you are choosing a foreign college or university then following are the possible minimal pre-requisites:
Age FactorAttained Marks percentage Language Speaking requirement which includes taking an English speaking, learning and writing test. Examples of approved english skills tests programs are TOEFL, IELTS, etc.Minimum Fee depositCharacter CertificateValid PassportPersonal Information Providing Field oriented report which explains why you want to opt this program.Other requirements depending upon the course, university and law that governs the territory in which the institute operates.