agency theory
1Agency Theory — A theory concerning the relationship between a principal (shareholder) and an agent of the principal (company s managers). Agency theory is a very academic term. Essentially it involves the costs of resolving conflicts between the principals and… …
2agency theory, financial — Introduction in organizational economics, a means of assessing the work being done for a principal (i.e., an employer) by an agent (i.e., an employee). While consistent with the concept of agency traditionally advanced by legal scholars and …
3agency theory — The relationship between two parties, a *principal and an *agent, in which the latter represents or acts on behalf of the former. *Agency costs may arise if the goals of a principal and agent are not congruent: an agent, in other words, may be… …
4Agency theory — The analysis of principal agent relationships, wherein one person, an agent, acts on behalf of anther person, a principal. The New York Times Financial Glossary …
5agency theory — The analysis of principal agent relationships, in which one person, an agent, acts on behalf of another person, a principal. Bloomberg Financial Dictionary …
6Agency-Theorie — Grundidee der Prinzipal Agent Theorie (P: Prinzipal, A: Agent) Die Prinzipal Agent Theorie (auch Agenturtheorie) ist innerhalb der Wirtschaftswissenschaft ein Teilgebiet der Neuen Institutionenökonomik. Sie bietet ein Modell, um das Handeln von… …
7agency relationship — A relationship in which a principal engages an agent to perform some service on his or her behalf; this involves delegating authority by the principal. As it has to be assumed that the agent will not always act in the best interests of the… …
8agency relationship — A relationship in which a principal engages an agent to perform some service on his or her behalf; this involves delegating authority by the principal. As it has to be assumed that the agent will not always act in the best interests of the… …
9agency — 1. An alternative term for *agency theory. 2. An organization that performs intermediary services, such as hiring personnel or providing security services …
10agency costs — The negative effects described in *agency theory of an *agent acting in self interest to the detriment of a *principal. For example, managers in a corporation may seek to enhance their own status and remuneration in defiance of the corporation’s… …
