What is agency relationship and managerial opportunism

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Review chapters 10-11 and address the below review questions:

1. What is an agency relationship? What is managerial opportunism? What assumptions do owners of corporations make about managers as agents?

2. What is the nature of corporate governance in Germany, Japan, and China?

3. How can corporate governance foster ethical decisions and behaviors on the part of managers as agents?

4. What are the characteristics of the different functional structures used to implement the cost leadership, differentiation, integrated cost leadership/differentiation, and focused business-level strategies?

5. What is a strategic network? What is a strategic center firm? How is a strategic center used in business-level, corporate-level, and international cooperative strategies?

Reference no: EM132399303

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