Answer:
The answer are,
1.the control of a firm is separated from the firm's ownership.
The agency problem arises when the management and administration is seperated from the ownership and that the managers have an conflict of interest with the owners of the company.
2. market value of the firm.
Financial management's primary aim is to give an competitive advantage to the firm by increasing its value. This involves utilising different strategies and techniques in financing, borrowing, debt management, etc.
Explanation: