I need an explanation for this Business question to help me study.
The textbook mentions the agency problem wherein managers do not act in the best interest of their principals. Discuss what the agency problem means for firms in Saudi Arabia, especially in the context of Saudi Vision 2030, and whether you have experienced any examples of the agency problem.
Search the library or the Internet for an academic or industry-related article regarding this thesis, as well as its implications for Saudi Arabia and Saudi Vision 2030.
For your discussion post, your first step is to summarize the article in two paragraphs, describing what you think are the most important points made by the authors (remember to use citations where appropriate). For the second step, include the reference listing with a hyperlink to the article.
Do not copy the article into your post and limit your summary to two paragraphs.
– 400-500 words.
– book: Foundations of finance: The logic and practice of financial management (9th ed.). (CH-1