Resource title

Agency Theory

Resource image

image for OpenScout resource :: Agency Theory

Resource description

Agency theory suggests that the firm can be viewed as a nexus of contracts (loosely defined) between resource holders. An agency relationship arises whenever one or more individuals, called principals, hire one or more other individuals, called agents, to perform some service and then delegate decision-making authority to the agents.

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Resource publisher

Resource publish date

Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/A-Ar/Agency-Theory.html

Resource license

Copyright © 2011 Advameg, Inc.